VUZ-Bank’s net loss comes to 262,000 RUR
The net losses of VUZ-Bank (Life Group’s asset) amounted to 262,000 RUR in the fourth quarter of 2009. In the third quarter, the bank’s losses reached as much as 37.61 million RUR.
The company explains the decrease in net loss was made possible thanks to improved net interest earnings.
The company explains the decrease in net loss was made possible thanks to improved net interest earnings.
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