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Home | Sberbank reports rising Q1 profits

Sberbank reports rising Q1 profits

  • April 13, 2011
  • Russian banking giant Sberbank has reported its financial results for the first quarter, in accordance with the institution’s own internal methodology. Year-on-year, net interest income declined by 3.4%, whereas net fee and commission income rose by 3.7%. The total provision charge is sharply down from Q1 2010, when it was RUB55bn, and in Q1 2011 [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/04/13/sberbank-reports-rising-q1-profits/
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