Sberbank RAS net profit rises 25% to 541 bln rbl in Jan–Aug
MOSCOW, Sep 7 (PRIME) -- The net profit of Russia’s biggest lender Sberbank rose 24.7% on the year to 540.673 billion rubles in January–August, as calculated under Russian Accounting Standards (RAS), the company said in a report Friday.
In August, Sberbank had a net profit of 71.5 billion rubles.
The net interest income increased 6% to 833.6 billion rubles in January–August.
Sberbank boosted retail lending by 17% in January–August to 5.76 trillion rubles, while corporate loans increased 10.1% to 13.199 trillion rubles.
Retail deposits with the bank grew 2.3% in the period to 12.399 trillion rubles as of September 1, while corporate deposits increased 17.2% to 6.611 trillion rubles.
For further details, please, see the company’s statement on its official website:
(68.2505 rubles – U.S. $1)