Cbank: Russian banks’ net profit falls 12.4% to 149 bln rbl in Nov

MOSCOW, Dec 21 (PRIME) -- The combined net profit of Russian banks fell by 12.4% on the month to 149 billion rubles in November, the central bank said in a report on Monday.

In January–November, the banks’ net profit reached 1.4 trillion rubles.

The Russian banks raised retail lending by 0.7% in November and corporate loans by 0.5%.

Retail deposits with the banks rose by 0.2% in November, and corporate deposits increased by 3.8%.

(73.3155 rubles – U.S. $1)

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