Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sberbank Posts 9M 2013 Financials
27.11.2013 12:28
Sberbank Posts 9M 2013 Financials
Photo Credit: http://http://www.sberbank.ru

Sberbank has posted an interim consolidated financial statement for the nine months of 2013.

      According to the IFRS report, net profit is up 2.1 percent totaling RUR 268.3 billion. “Net interest income increased by 23.7% for 9m 2013 to RUB 623.3 bn, compared to RUB 503.8 bn for 9m 2012. Excluding the effect of DenizBank acquisition in 3Q 2012, the Group’s Net interest income increased for 9m 2013 by 15.6% year-on-year,” reads the paper.

      Among other key financials are the total assets which amounted to RUR 16,689.4 billion, up 10.5 percent compared with 2012. The growth was mainly driven by loans which saw a 12 percent increase to RUR 11,760.6 billion. Within the nine months of 2013, the proportion of non-performing loans remains stable and accounted to 3.3 percent as of 30 September 2013, compared with 3.2 percent a year earlier.

      The full report is available here.

      Sberbank of Russia is the largest bank in Russia and CIS. The founder and principal shareholder is the Central Bank of Russia, which owns 50 percent of the Bank's authorized capital plus 1 voting share. The rest of the shares are held by international and domestic investors. The Bank's ordinary and preferred shares have been publicly traded in Russia since 1996, and the American Depositary Shares (ADS) were listed on the London Stock Exchange, admitted to trading in Frankfurt Stock Exchange and over the counter in the US.

      For more news on Sberbank, type it in our search field in the upper right corner. If you need more information, just drop us a line.

       




Author: Mikhail Vesely

Tags: Sberbank Russian banks    

Next Previous


You might also find interesting:

Russians Prefer Fast-food Restaurants
20.05.2019
Cryptocurrency was Recognizedas as One of the Ways of Laundering Illegal Income
25.03.2019
Running Small Businesses in Moscow and St. Petersburg is Becoming Less Profitable
23.04.2019
The Share of Wire Transfers in Russia Decreased
16.05.2019
Wildberries Enters the European Market and Opens a Platform in Poland
10.01.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Vladimir Nemirovich-Danchenko  St. Petersburg  Volgograd  Russian tourism  Alexander Pushkin  Archeological Finds  Festivals in Moscow  Moscow  Exhibitions in Moscow  Russian Bears  travel to Russia  Temnikov  Sobyanin  Nizhny Novgorod  Marfino  poll  Days of Ethnic Cultures  Tourist Information Centre  Feodosiya  Russian business  Leo Tolstoy  Karachay-Cherkessia  Fake Paintings  Sergei Chekhonin  Republic of Ingushetia  Mercedes-Benz Fashion Week Russia  Free Events  Russian opera  Irkutsk  Russian art  Ufa  Lev Borodulin  Time of the First  Russian actors  Krasnodar Territory  Russia-Spain  tourist police  Russia's richest  Russian theatre  Fabio Capello  Exhibitions in Penza  St. Sergius of Radonezh  Republic of Tatarstan  Tula Region  Russian Cinema  Crimea  Russian regions  Museum Of Arcade Machines  Sergei Obraztsov  Kabardino-Balkar Republic 


Travel Blogs
Top Traveling Sites