Cbank: Russian banks’ net profit jumps to 131 bln rbl in July

MOSCOW, Aug 20 (PRIME) -- The combined net profit of Russian banks jumped to around 131 billion rubles in July from 70 billion rubles in June, the central bank said in a report on Thursday.

In January–June, the net profit of Russian banks amounted to 761 billion rubles.

Corporate lending grew 1.6% in July mainly thanks to lending to several large companies.

Retail deposits rose by 0.3%, corporate deposits decreased by 0.2%.

(73.2392 – U.S. $1)

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