Uralfinprombank’s net profit goes down

The volume of Uralfinprombank’s net profit decreased by 6,660,000 RUR, or 18.11%, in the fourth quarter of 2007 compared to the previous quarter, their report says. The net profit dropped from 36,784,000 RUR in July-September 2007 to 30,124,000 RUR in October-December 2007. The bank explains this by the increased managerial expenses.

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