Sberbank says bad loans at 2.8 pct in H1

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MOSCOW, July 22 | Wed Jul 22, 2009 10:41am EDT

MOSCOW, July 22 (Reuters) - Bad loans at Russia's top lender Sberbank SBER03.MM rose to 2.8 percent of the total loan portfolio at the end of June from 2.6 percent at the start of the month, its chief executive German Gref said on Wednesday.

(Reporting by Dmitry Sergeyev, Moscow Newsroom, + 7 495 775 12 42, dmitry.zhdannikov@reuters.com)
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