Russia’s Sberbank RAS net profit rises 26.4% January–March - 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 rises 26.4% January–March

MOSCOW, Apr 6 (PRIME) -- The net profit of Russia’s biggest lender Sberbank rose 26.4% on the year to 195.859 billion rubles in January–March, as calculated under Russian Accounting Standards (RAS), the bank said in a statement on Friday.

The net interest-based income grew 7.2% to 301.3 billion rubles. The pretax profit amounted to 246.6 billion rubles.

Retail loans grew 4.5% since January 1 to 5.149 trillion rubles as of April 1, corporate loans increased 0.1% to 12 trillion rubles.

Retail deposits decreased 1.1% since January 1 to 11.992 trillion rubles as of April 1, corporate deposits rose 0.6% to 5.677 trillion.

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

http://www.sberbank.com/ir/news/article?newsID=56213202-6323-45f3-a748-2c0d5bee0428&blockID=7®ionID=77&lang=en&type=NEWS

(57.5796 rubles – U.S. $1)

End

06.04.2018 10:20