Russia’s Sberbank RAS net profit jumps to 28 bln rbl in Jan - News Archive - 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

Russia’s Sberbank RAS net profit jumps to 28 bln rbl in Jan

MOSCOW, Feb 5 (PRIME) -- The net profit of Russian top lender Sberbank jumped to 28.3 billion rubles in January from 3.7 billion rubles in January 2015, as calculated under Russian Accounting Standards (RAS), the bank said Friday.

The bank’s pretax profit more than tripled to 31.5 billion rubles from 9.9 billion rubles.

Expenditures on the bank’s reserves rose 12% to 61.6 billion rubles in January.

The bank’s corporate lending increased 4.9% in January to 12.9 trillion rubles as of February 1, while loans to individual clients fell 0.1% to 4.1 trillion rubles.

The share of overdue debt in the bank’s loan portfolio remained at 3.3%.

For further details, please, see the bank’s statement on its official Web site:

http://www.sberbank.ru/en/press_center/all/article?blockID=1539&type=NEWS&lang=en®ionID=77&newsID=87ad8a1a-183d-4500-8f27-859183568b4a

(76.4609 rubles – U.S. $1)

End

05.02.2016 10:38
 
 
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