Putin visits international jazz festival in Crimea’s KoktebelSociety & Culture August 21, 2:31
Militants launch shell on exhibition complex near Damascus - televisionWorld August 20, 15:27
Cardinal Parolin: Dialogue of Roman Catholic and Orthodox Churches to help them feel unitySociety & Culture August 20, 8:27
Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
MOSCOW, October 17. /TASS/. Russian banks earned profit of 635 bln rubles ($10.1 bln) in January - September 2016, the Central Bank said on Monday in its banking sector growth dynamics review.
Profit of banks skyrocketed five times year-on-year. Banks earned just 127 bln rubles ($2 bln) in nine months of 2015.
Profit of banks is influenced by slowdown of risk growth in dynamics of provisions for potential losses, the regulator said. Provisions grew by 6.6% or by 358 bln rubles ($5.7 bln) from the beginning of 2016 vs. 23% or 963 bln rubles ($15.3 bln) growth in the like period of the last year.
Lending business of Russian banks contracted by 0.9% in par value in September 2016, the Central Bank said.
Loans to non-financial organizations declined 1.3% in September. Retail loans continued demonstrating positive dynamics and rose by 0.3%.