Sberbank IFRS net profit rises 11.6% to 477 bln rbl in JanJun - 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

Sberbank IFRS net profit rises 11.6% to 477 bln rbl in JanJun

MOSCOW, Jul 31, (PRIME) -- The net profit of Russias biggest lender Sberbank rose 11.6% on the year to 476.9 billion rubles in JanuaryJune, as calculated under International Financial Reporting Standards (IFRS), the bank said on Wednesday.

In AprilJune, the net profit grew 16.3% on the year to 250.3 billion rubles.

Retail deposits grew 1.3% in JanuaryJune to 13.673 trillion rubles as of June 30, while corporate deposits rose 9.9% to 8.136 trillion rubles.

The banks expenditures on creation of reserves fell to 8.8 billion rubles in AprilJune after 35.8 billion rubles a year ago.

For further details, see the banks statement on its official website:

https://www.sberbank.com/ir/news/article?newsID=7fbfd4c5-f1ea-463b-8156-8aa9516d6b4c&blockID=8ionID=77&lang=en&type=NEWS

(63.3791 rubles U.S. $1)

End

31.07.2019 10:15
 
 
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