Sberbank increased its annual profit by almost 2.5 times


Sberbank on the international financial reporting standards by the end of 2016, increased its net profit by 2.4 times — up to 541,9 billion rubles, follows from the report of the Bank.

In the fourth quarter, the Bank received a net profit of 141,8 billion rubles that Is two times more than in – RUR 72.6 billion in the same period of 2015.

Retail lending for 2016 increased by 1.3 percent to 5,032 trillion Corporate lending declined by 8.9% to 13,633 trillion rubles.

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