Cbank: Russian banks’ net profit rises 8% to 353 bln rbl in August
MOSCOW, Sep 22 (PRIME) -- The combined net profit of Russian banks increased by 8% on the month to 353 billion rubles in August, and rose to a record high of 2.37 trillion rubles in January–August, the central bank said in a research note late on Thursday.
Russian banks’ retail loans grew by 3.2% on the month, corporate deposits loans by 1.7%, the central bank said. Consumer lending rose by 2.4%, and mortgage loans issuance jumped by 30% to a record high of 849 billion rubles in August to raise the overall mortgage loan portfolio by 3.7% to 16.4 trillion rubles.
The corporate deposit portfolio of Russian banks rose by 3.7% on the month, and the retail deposit portfolio went up by 0.8% in August, the regulator said.
(96.0762 rubles – U.S. $1)
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