Sberbank RAS net profit drops 7.4% to 115.4 bln rbl in Nov

MOSCOW, Dec 11 (PRIME) -- The net profit of Russia’s top bank Sberbank fell by 7.4% on the year to 115.4 billion rubles in November, as calculated under Russian Accounting Standards (RAS), the bank said in a report on Monday.

In January–November, the bank’s net profit jumped by 7.9 times to 1.378 trillion rubles.

The retail loan portfolio grew by 2.5% in November to 731 billion rubles, while the corporate loan portfolio gained 0.7% to 23 trillion ruble.

Individual deposits grew by 0.5% on the month and by 16.8% since the beginning of the year to 21.4 trillion rubles, while corporate deposits rose by 4% and by 25.6%, respectively, to 11 trillion rubles.

The number of retail customers rose by 1.9 million people to 108.3 million people since the beginning of the year. The number of active corporate clients amounted to 3.2 million companies.

(91.6402 rubles – U.S. $1)

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