Sberbank RAS net profit falls 21.6% to 230 bln rbl in Jan–Apr

MOSCOW, May 13 (PRIME) -- The net profit of Russia’s biggest lender Sberbank fell 21.6% on the year to 230.1 billion rubles in January–April, as calculated under Russian Accounting Standards (RAS), the bank said on Wednesday.

Pretax profit stood at 284.1 billion rubles.

Retail loans rose 2.5% in January–April to 7.426 trillion rubles as of May 1, while corporate loans grew 7.6% to 14.338 trillion rubles.

Retail deposits with the bank rose 3.9% in January–April to 14.16 trillion rubles as of May 1, while corporate deposits increased 6.5% to 7.08 trillion rubles.

(73.4326 rubles – U.S. $1)

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