Sberbank net profit in the first five months of this year increased by 8.7 % compared to the same period last year and amounted to 682.9 billion rubles (about $ 8.7 billion).
The official report of the bank notes that the profitability of Sberbank’s capital in January-May reached 22 %.
It is also indicated that the corporate loan portfolio increased by 1.5 % to 27.4 trillion rubles, and the net profit for the specified period amounted to 682.9 billion rubles, which is 8.7 % more in annual terms.
Increased income in five months increased by 14.3 % compared to the same period last year – up to 1.2 trillion rubles. The volume of loans to individuals increased by 1 % and reached 17.6 trillion rubles.
Last year, Sberbank recorded a record net profit of 1.56 trillion rubles.