Date: 7 months ago   Category: Finance

The profit of the Russian banks in January — October grew by 1.7 times — to 1.18 trillion rubles — Rambler News Service


The profit of the banking sector of Russia in January — October of the current year grew by 1.7 times in comparison with the same period of 2017 and was 1.183 trillion rub, the press service of the Bank of Russia with reference to the report reported "About development of the banking sector of the Russian Federation". "The profit of the banking sector for January-October, 2018 was 1183 billion rubles, having exceeded result of the same period of last year by 1.7 times" — it is said in the statement. According to the document, assets of the banking sector of Russia in 10 months increased by 5.846 trillion rub and reached 90.6 trillion rub. Gain was generally provided at the expense of ruble assets (increase by 7.4%, or 4.886 trillion rub). Assets in foreign currency at the same time were reduced by 8%, or $26.3 billion. The bank portfolio of the credits to the Russian economy for January — October of the current year grew by 9.6%. The credits to natural persons in 10 months increased by 18.7%, to the non-financial organizations — for 5.9%.

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