Sberbank’s IFRS net profit rises 1.8% to 228.1 bln rbl Jul–Sep

MOSCOW, Nov 1 (PRIME) -- The net profit of Russia’s biggest lender Sberbank rose 1.8% on the year to 228.1 billion rubles in July–September, as calculated under International Financial Reporting Standards (IFRS), the bank said in a statement on Wednesday.

In January–September, the net profit grew 13.7% on the year to 655.5 billion rubles.

Retail loans rose 18.9% since the year start to 6.42 trillion rubles as of September 30. Corporate loans grew 8.1% to 13.725 trillion rubles.

Household deposits grew 2.7% since the start of the year to 12.606 trillion rubles as of September 30 and corporate deposit increased 24.6% to 7.283 trillion rubles.

For further details, please, see the company’s statement on its official website:

https://www.sberbank.com/ir/news/article?newsID=0996aa3b-afbb-488d-9217-9bc53aa85f22&blockID=8®ionID=77&lang=en&type=NEWS

(65.5962 rubles – U.S. $1)

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