Date: 11 months ago   Category: Finance

The net profit of Sberbank for the II quarter has grown by 16% — to 215,3 billion rubles — Rambler News Service


The net profit of Sberbank according to IFRS for the II quarter 2018 has grown in comparison with the same period of last year by 16% — to 215,3 billion rubles, the credit institution has reported. Sberbank has noted that the specified indicator of net profit includes the net profit of Turkish "subsidiary" - Denizbank - of 7 billion rubles about which sale Sberbank has agreed in May of the current year. Net interest income of Sberbank in the II quarter have grown by 5,4% — to 349 billion rubles in comparison with the same period of 2017. Sberbank has cut expenses on creation of reserves on debt financial assets in the II quarter 2018 for 45,9% — to 45,5 billion rubles in comparison with the corresponding period of last year. Net commission income have grown by 29,1% in comparison with the corresponding period of previous year and have made 113,7 billion rubles.

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