Sberbank IFRS net profit rises 38% to 749 bln rbl in 2017 - 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 38% to 749 bln rbl in 2017

MOSCOW, Feb 28 (PRIME) -- The net profit of RussiaТs largest bank Sberbank rose 38.2% to 748.7 billion rubles in 2017, as calculated under International Financial Reporting Standards (IFRS), the bank said on Wednesday.

The bank decreased allocations for reserves against possible loan by 16.1% to 287.3 billion rubles.

The bankТs corporate loans increased 4% to 14.17 trillion rubles as of December 31, while loans to individual clients grew 13.6% to 5.72 trillion rubles.

Retail deposits with the bank rose 7.8% to 13.42 trillion rubles as of December 31, while corporate deposits grew 2.5% to 6.394 trillion rubles.

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

http://www.sberbank.com/ir/news/article?newsID=a7350c4f-067e-4356-90fd-e0cc26c3fa70&blockID=8ЃionID=77&lang=en&type=NEWS

(55.6717 rubles Ц U.S. $1)

End

28.02.2018 10:24
 
 
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