Date: 5 months ago   Category: Finance

The net profit of Sberbank in ten months has grown by 22,5% — to 686 billion rubles — Rambler News Service


Photo: Ekaterina of Lyzlov/RIA Novosti the Net profit of Sberbank in ten months 2018 under RAS has increased in annual terms by 22,5% and has made 686 billion rubles, it is said in the statement of credit institution. For the same period of 2017 profit has made 560 billion rubles. In October, 2018 the net profit of bank has made 72,8 billion rubles against 64 billion rubles the previous year. Net interest income of bank following the results of 10 months has increased by 4,6% in annual terms and has made 1,04 trillion rubles. Increase in volume of the working assets became a major factor of growth of net interest income of bank. Net commission income has increased in annual terms by 21% and has made 348 billion rubles. "The greatest gain is the share of operations with cash cards and acquiring, settlement operations and realization of insurance products" — have reported in Sberbank. Expenses on cumulative reserves following the results of 10 months 2018 I have decreased by 12,3% in comparison with the same period of last year — to 229 billion rubles. Assets of bank have grown by 1,9% — to 25,9 trillion rubles. It is noted that assets have grown due to increase in the loan portfolio and investment of funds in the Bank of Russia.

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