Arab Today, arab today sberbank\s first half net profit up 173 pct to 176 bln rbls
Last Updated : GMT 21:36:03
Arab Today, arab today
Arab Today, arab today

Sberbank\'s first half net profit up 173 pct to 176 bln rbls

Arab Today, arab today

Arab Today, arab today Sberbank\'s first half net profit up 173 pct to 176 bln rbls

Moscow - Ria Novosti

Russia\'s top lender Sberbank saw its first half 2011 net profit soar 173 percent year-on-year to 176.1 billion rubles ($6.1 billion), to IFRS due to a higher operating income and net recovery of loan impairment provisions, the lender said in a statement on Tuesday. The bank\'s revenues came primarily from core banking operations, with net interest income and net fee and commission income accounting for 92 percent of total operating income. Net interest income increased 10.2 percent to 268.9 billion rubles due to a change in the structure of interest-earning assets and improved pricing on deposits. Net fee and commission income rose 12.9 percent to 64.1 billion rubles driven by a variety of fee-generating operations, especially those with bank cards and insurance policies. The lender\'s net gains on operations with securities fell 18.9 percent to 7.3 billion rubles. The bank\'s loan portfolio increased by 10.2 percent with loans to individuals growing 11.2 percent to 1,467.3 billion rubles and corporate loans increasing 7.5 percent to 5,239.6 billion rubles as of 30 June 2011. Sberbank\'s loan quality improved with non-performing loans falling to 445.2 billion rubles as of 30 June 2011 from 452.3 billion rubles as of 31 December 2010. The security portfolio shrank 17.3 percent to 1,508.8 billion rubles with federal government bonds accounting for almost 50 percent of the portfolio.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sberbank\s first half net profit up 173 pct to 176 bln rbls Arab Today, arab today sberbank\s first half net profit up 173 pct to 176 bln rbls

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday