By Walter Grand in Economy —

Revenues of MosBirch from the commission decreased by 18.8% for the year

Revenues of MosBirch from the commission decreased by 18.8% for the year
Photo by Sigmund / Unsplash

EBITDA grew by 17.7%, to 11,382.1 million rubles.

Net income increased by 19.0% to 8,285.5 million rubles.

The change in fee and commission income in the second quarter was due to a decrease in trading volumes due to the absence of foreign investors, a decrease in ruble prices for traded assets, as well as an increase in interest rates, the company said.