Sberbank RAS net profit falls 24% to 337.5 bln rbl in Jan–Jun

MOSCOW, Jul 8 (PRIME) -- The net profit of Russia’s biggest lender Sberbank fell 24% on the year to 337.5 billion rubles in January–June, as calculated under Russian Accounting Standards (RAS), the bank said on Wednesday.

In June, the bank’s net profit fell 17% on the year to 62.3 billion rubles.

Retail deposits with the bank rose 5.5% in January–June to 14.38 trillion rubles as of July 1, while corporate deposits increased 7.8% to 7.17 trillion rubles. In June, retail deposits grew 3% and corporate deposits rose 2.1%.

Retail loans rose 4% in January–June to 7.533 trillion rubles as of July 1, while corporate loans increased 5.7% to 14.091 trillion rubles.

(72.1719 rubles – U.S. $1)

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