The net profit of Russian banks for 2015 declined three times


MOSCOW, January 25. The net profit of Russian banks for 2015 declined three times to 192 billion roubles, is spoken in the message of Bank of Russia.

For the same period of 2014 profit of Russian banks amounted to 589 billion rubles.

Earlier, first Deputy Chairman of Bank of Russia Alexey Simanovsky said that the profits of Russian banks in 2015 may reach 100-200 billion rubles, and in 2016 – about 200 billion rubles.

The volume of credits issued by Russian banks, has grown in 2015 by 7.6% (+0.1% excluding currency revaluation) to 44 trillion roubles as of 1 January 2016, according to the Bank of Russia.

The volume of loans that banks issued to legal entities increased for 2015 by 12.7% (+2,5%) to 33.3 trillion. The volume of retail loans for the year decreased by 5.7% (- 6,3%) to 10.7 trillion roubles.

Assets of the banking sector for the year increased by 6.9% (-1.6%) to 83 trillion rubles as of 1 January 2016.

Deposits

Volume of population’s deposits in December 2015 rose by 8.0% to 23.2 trillion. Overall, in 2015 the growth rate was 25.2%, according to the Bank of Russia.

“The volume of deposits and funds on accounts of organizations increased in December by 8.8% to 27.1 trillion. In this case, for 2015 deposits and funds on accounts of organizations increased by 15.6%”, – the message of the CBR.

The share of deposits of individuals in foreign currency at year-end amounted to 29.4%. The share of funds in foreign currency in deposits and on accounts of organizations was 48.9%.