Sberbank RAS Q1 net profit flat at 97.4 bln rbls
MOSCOW, April 5
MOSCOW, April 5 (Reuters) - Russia's top bank Sberbank posted 97.4 billion roubles ($3.08 billion) in net profit in the first quarter of 2013 under Russian accounting standards (RAS), unchanged from a year earlier, the lender said on Friday.
The quarterly numbers, viewed by the market as a guide to its performance to international reporting standards, showed that net interest income rose 16.6 percent year on year.
Sberbank posted record net profit of 347.9 billion roubles in 2012.
The state-controlled bank, which accounts for a third of overall lending in Russia, forecasts a rise in net profit of at least 6 percent this year, driven by robust retail lending growth. ($1 = 31.6632 Russian roubles) (Reporting by Maya Dyakina; Editing by Douglas Busvine)
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Investigators focus on foul play behind missing plane: sources |
- Kremlin website hit by 'powerful' cyber attack
- West prepares sanctions as Russia presses on with Crimea takeover |
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data