Sberbank received 130.4 billion rubles of net profit under RAS in July – Kommersant
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Sber’s net profit under RAS in July amounted to 130.4 billion rubles, for the seven months of 2023 – 858.2 billion rubles, according to the bank’s statements. In July, Sberbank issued a record volume of loans – for 2.9 trillion rubles, the growth of the loan portfolio amounted to 2.7%.
Return on equity in July amounted to 25.9%, since the beginning of the year – 24.9%. The volume of funds of individuals last month increased by 2%, legal entities – by 0.5%. Since January, the amount of funds of individuals increased by 10.6%, legal entities – by 8.7%.
In July, the depreciation of the ruble had a significant impact on the amount of created reserves, the bank specified. Sberbank’s net interest income grew by 38.6% yoy over the seven months to RUB 1.3 trillion. Net fee and commission income increased by 20.5% to RUB 385.6 billion.
For the first half of the year, Sberbank’s net profit amounted to RUB 727.8 billion At the end of July, the bank’s shares updated maximum from February 18, 2022.
About complaints about the conditions of the bank’s mortgage – in the material “Kommersant” “Low rate insured”.
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