Bank Yekaterinburg’s net profit drops 93.4%

The net profit of Bank Yekaterinburg plunged by 93.4% in the second quarter of 2009, from 35.64 million RUR in January-March 2009 to 2.35 million RUR in April-June 2009.

The bank explains this had to do with greater interest payments due to resources growing more expensive; additionally, the company had to direct more money to the possible loss compensation nd.

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