Net profit of Sberbank for the first half of IFRS increased by 34%




Net profit of Sberbank for the first half of 2017 under IFRS amounted to 352,2 billion, or 33.9% higher than the same period last year (263,1 billion), according to the materials of the Bank. Net interest income grew by 4.4% and amounted to 694,2 billion.

Net profit in the second quarter of 2017 made up of 185.6 billion against of 166.6 billion rubles in the first quarter of 2017 and of 145, 4 billion for the second quarter of 2016. Net interest income for the 2nd quarter of 2017 amounted to 357,6 billion, which is 5.4% more compared to the same period last year

The share of non-performing loans in the loan portfolio amounted to 4.6% in the 2nd quarter of 2017, compared with 4.7% in Q1 2017.



Net profit of Sberbank for the first half of IFRS increased by 34% 25.08.2017

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