Sberbank says RAS net profit at 130.4 bln rbl in July

MOSCOW, Aug 9 (PRIME) -- The net profit of Russia’s top bank Sberbank stood at 130.4 billion rubles in July, as calculated under Russian Accounting Standards (RAS), the bank said in a statement on Wednesday without providing a comparative figure for 2022.

In January–July, the net profit stood at 858.2 billion rubles.

The bank’s retail loan portfolio increased by 1.4% in July to more than 13.7 trillion rubles. The corporate loan portfolio grew by 3.6% to almost 21.6 trillion rubles.

Sberbank’s retail deposits rose by 2% on the month to almost 20.3 trillion rubles, while corporate deposits grew by 0.5% to 9.5 trillion rubles. Since the start of the year, retail deposits rose by 10.6%, corporate by 8.7%.

(96.0755 rubles – U.S. $1)

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