The profit of Russian banks for January-may amounted to 653 billion rubles




In January-may 2017 credit institutions of the Russian Federation received a profit of $ 653 billion (in January-may 2016 235 billion rubles by credit institutions, in force on 1 June 2016), according to the materials of the CBR.

The profit of $ 701 billion showed a 415 credit institutions loss in the amount of 48 billion recorded in 166 organizations. Over the same period in 2016, the profit showed 419 credit institutions in the amount of 430 billion rubles, the losses recorded 265 banks in the amount of 194 billion rubles.

The balance of the accounts of reserves for possible losses increased from the beginning of the year by 4.4%.

In January-may banking sector assets rose by 1.6%; credits to economy – by 1.5%; loans to non-financial institutions – 1.0%. Increased by 2.7% loans to individuals.

The volume of overdue debt as at the corporate portfolio and retail has increased in January-may to 4.7%.

The share of overdue debt on loans to non-financial organisations for five months increased from 6.3 to 6.6%, while retail loans – from 7.9 to 8.1%.



The profit of Russian banks for January-may amounted to 653 billion rubles 20.06.2017

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