Sberbank says RAS net profit rises by 4% to 77 bln rbl in Aug

MOSCOW, Sep 7 (PRIME) -- The net profit of Russia’s biggest lender Sberbank rose by 4% on the year to 76.6 billion rubles in August, as calculated under Russian Accounting Standards (RAS), the bank said on Monday.

In January–August, the bank’s net profit fell by 19.1% on the year to 479.66 billion rubles.

Retail loans rose by 8.4% in January–August to 7.85 trillion rubles as of September 1, while corporate loans increased by 11.5% to 14.866 trillion rubles.

Retail deposits with the bank rose by 7.5% in January–August to 14.648 trillion rubles as of September 1, while corporate deposits increased by 11.8% to 7.436 trillion rubles.

(75.1823 – U.S. $1)

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