Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
MOSCOW, October 8 (Itar-Tass) — Russia’s largest retail savings bank, Sberbank, hopes to increase its profit in contrast to 2011. Sberbank CEO German Gref told Russian President Vladimir Putin the bank’s profit in January-August 2012 reached 240 billion rubles, which is 8-10 percent higher than that in the same period last year.
“Our net profit in January-August totaled 239 billion rubles,” Gref said. “It’s approximately 8-10 percent higher than last year’s. We believe that by the end of this year we shall increase the profit in contrast to last year,” the bank’s president said. “We have a stable financial result, we make about 27-29 billion rubles a month. We shall continue to make profits at about the same pace till the end of the year,” he said.
Also, Gref said that Sberbank’s interest income in January-August against the same period of last year increased by 26 percent.