The profit of Russian banks for January – April amounted to 537 billion rubles

MOSCOW, may 16. /TASS/. The profit of the Russian banking sector in January – April 2018 amounted to 573 billion rubles, said the Chairman of the Central Bank of the Russian Federation Olga Polyakova speaking at the conference of the ARB.

“During these four months, the profit of the sector amounted to 537 billion rubles,” – she said.

Over the same period a year earlier, the Russian banks have earned 553 billion.

Polyakova also noted that lending to individuals for the period increased by 5.2%, legal entities – by 2.3%, population’s deposits from January to April increased by 1.7%.

According to the Deputy Chairman of the Central Bank, during this period, some decrease in funds of legal entities in Bank accounts. “But if you look at the ratio of deposits and funds of organizations, they are practically in equal shares: 30,9% of funds in banks’ liabilities and 39.9% of the resources of the organizations. In our opinion, it is in principle sufficient evidence of diversification of liabilities on average in the banking sector”, – she explained.