Sberbank RAS net profit rises 29% to 282.5 bln rbl in JanMar - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Sberbank RAS net profit rises 29% to 282.5 bln rbl in JanMar

Sberbank09MOSCOW, Apr 7 (PRIME) -- The net profit of Russias biggest lender Sberbank rose 29.2% on the year to 282.515 billion rubles in JanuaryMarch, as calculated under Russian Accounting Standards (RAS), the bank said in a report on Wednesday.

In March, the banks net profit grew to 103.3 billion rubles from 62.1 billion rubles in March 2020.

The banks retail loans rose 4.1% in JanuaryMarch to 8.821 trillion rubles as of April 1, and corporate loans increased 0.5% to 15.553 trillion rubles.

Retail deposits with Sberbank fell 1.4% in the period to 15.495 trillion rubles as of April 1, and corporate deposits also decreased by 1.4% to 7.689 trillion rubles.

(76.3802 rubles U.S. $1)

End

07.04.2021 10:38