Sberbank RAS net profit rises 23.3% to 129.1 bln rbl in Jan-Feb - 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 23.3% to 129.1 bln rbl in Jan-Feb

Money05MOSCOW, Mar 7 (PRIME) -- The net profit of RussiaТs top bank Sberbank rose 23.3% on the year to 129.096 billion rubles in January-February, as calculated under Russian Accounting Standards (RAS), the bank said in a statement on Wednesday.

The pretax profit stood at 162.7 billion rubles. The net interest income rose 7.1% on the year to 195.1 billion rubles thanks to a rise of working assets and a fall of interest rates on deposits, the bank said.

Corporate deposits with the bank fell 2.3% to 5.515 trillion rubles, while household deposits shrank 1.4% to 11.958 trillion rubles.

The bankТs retail loan portfolio rose 2.6% in the month to 5.055 trillion rubles, while the corporate loan portfolio contracted 0.5% to 11.933 trillion rubles. In February, Sberbank issues 1.1 trillion rubles of loans to companies and 205 billion rubles to individuals.

For further details, see the bankТs statement on its official Web site:ЃionID=50&lang=en&type=NEWS

(56.5041 rubles Ц U.S. $1)


07.03.2018 10:00
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