Renaissance Capital doubles net profit in H1 2017

by | September 27, 2017 1:04 am

Emerging and frontier markets investment bank, Renaissance Capital, on Monday, announced its IFRS financial results for the six months ended 30 June 2017. During the reporting period, the Moscow-based investment bank’s net profit doubled YoY to $5.5 million. Operating income increased by 15 percent to $74 million. Operating expenses remained flat year-on-year at $65 million…

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