Sberbank says RAS net profit at 55.1 bln rbls in June
MOSCOW, Jul 7 (PRIME) -- The net profit of Russia’s biggest lender Sberbank posted a 55.1 billion ruble under Russian Accounting Standards (RAS) in June, the bank said in a statement on Friday without providing a comparison.
It said that the net profit increased by 38.2% on the year to 317 billion rubles in January-June.
The net interest income rose 6.3% on the year to 580 billion rubles in January-June, the net fee and commission income grew 11.9% to 163 billion rubles, and the pre-tax profit went up 38.7% to 416 billion rubles. The return on equity (ROE) ratio surged to 21.5%.
The corporate loan portfolio advanced 0.6% on the year to 11.41 trillion rubles in the period, while retail loans rose 2.8% to 4.46 trillion rubles. Provisions for loan impairment soared 8.3% to 1.09 trillion rubles.
Retail deposits grew 1.4% on the year to 11.61 trillion, whereas corporate accounts and deposits fell 0.5% to 5.37 trillion rubles.
Assets declined 0.1% 21.96 trillion rubles.
For further details, see the bank’s statement on its official Web site:
(60.2426 rubles – U.S. $1)
End
Add to favorites
Print version
