UPDATE 1-Russia's VTB beats forecast in Q4 to eke out meagre 2015 profit

March 17, 2016 7:31 AM

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MOSCOW, March 17 Russian bank VTB beat expectations in the fourth quarter, making 12.6 billion roubles ($182 million) of net profit and narrowly avoiding a net loss for 2015.

VTB, like several other Russian state lenders, is under Western sanctions over Moscow's role in the Ukraine conflict that limit its ability to borrow on international markets.

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