icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Sberbank Q1 IFRS Profit jumps 16%

Sberbank Q1 IFRS Profit jumps 16%
Russia’s largest Bank, Sberbank has unveiled a 16% jump in Q1 net profit to $1.33 Billion, up from $1.14 in the same period 2007.

The Banks loan portfolio increased 8% over the quarter to reach more than $181 Billion, with assets up 6% to more than $224 Billion.

 

Sberbank is looking to restrict expenses growth to less than 22% for this financial year despite increasing inflationary pressure.

Podcasts