Russia’s Sberbank Jan–Nov RAS net profit falls 69% to 202 bln rbl
MOSCOW, Dec 7 (PRIME) -- The net profit of Russia’s biggest bank Sberbank plunged 68.6% on the year to 202.41 billion rubles in January–November, as calculated under Russian Accounting Standards (RAS), the bank said in a statement published Monday.
The net interest income fell 14.7% on the year to 676.5 billion rubles in the period, while the net fee and commission income rose by 6.6% to 255.7 billion rubles.
In November, the bank’s assets increased by 0.9% to 21.8 trillion rubles. Sberbank’s corporate loan portfolio grew by 2.3% in the month to 11.8 trillion rubles, and the bank’s retail loan portfolio went up 0.3% in the month to 4.1 trillion rubles.
For further details, please, see the bank’s statement on its official Web site:
(67.6698 rubles – U.S. $1)
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