Sberbank has received more than a trillion rubles in net profit since the beginning of the year
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Sberbank (MOEX: SBER) presented condensed financial results under RAS (.pdf) for 9 months of 2023. In September, the bank earned 130.2 billion rubles. net profit. Total net profit since the beginning of the year amounted to 1.13 trillion rubles.
“Sber, despite unprecedented external challenges, maintains leadership in brand strength among all European banks, according to a September study by Brand Finance,” the press service quotes the bank’s head, German Gref, as saying.
Sberbank’s return on capital, according to reports, amounted to 25%. The loan portfolio has grown by 20% since the beginning of the year. Individual funds increased by 1.9% in September, exceeding RUB 21 trillion.
The news is being updated.
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