Sberbank’s RAS net profit falls to 62.1 bln rbl in March

MOSCOW, Apr 7 (PRIME) -- The net profit of Russia’s top bank Sberbank fell to 62.1 billion rubles in March from 74.4 billion rubles in March 2019, as calculated under Russian Accounting Standards (RAS), as seen by PRIME in the materials of the company on Tuesday.

Retail loans grew by 3% on the year to 7.459 trillion rubles as of April 1. Corporate loans increased by 7% to 14.356 trillion rubles.

Client deposits rose by 4.7% -- corporate deposits by 7.9% to 7.448 trillion rubles as of April 1, retail deposits by 3.1% to 13.946 trillion rubles.

In January–March, the net profit rose 0.2% on the year to 218.652 billion rubles.

(77.7325 – U.S. $1)

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