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Profit of Russian banks surged 2.8 times to 653 bln rubles ($11 bln) in January - May 2017

Banks earned 235 bln rubles ($4 bln) in the like period of the last year, the Central Bank said

MOSCOW, June 20. /TASS/. Profit of Russian banks amounted to 653 bln rubles ($11 bln) in January - May 2017. Banks earned 235 bln rubles ($4 bln) in the like period of the last year, the regulator said on Tuesday.

Earlier, during the annual Q&A session Russian President Vladimir Putin said that the profits of Russian banks have already reached 650 bln rubles ($10.94 bln) in 2017. Deputy Governor of the Central Bank Vasily Pozdyshev said that the profits of Russian banks by the end of 2017 would reach around 1 trillion rubles ($16.84 bln).

Eastern Economic Forum

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Top Russian security official praises Republika Srpska’s principled position on Ukraine

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Confiscation of Russian assets by the US to affect Europe more — expert

The US decision may provoke panic among investors that would start withdrawing their funds from European banks, being concerned of their freeze and further confiscation

Scholz says era of fossil fuel will be over soon

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Qiwi projects $247 mln loss over sale of Russian assets

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London grants agrement to Zaluzhny as ambassador to UK — Ukrainian parliamentarian

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WADA explains difference between Valieva’s case and Chinese swimmers’ violations

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Ukrainian army strikes own surrendering soldiers — POW

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Republika Srpska president praises Moscow-Banja Luka relations, favors strengthening them

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EU reacts to worsening of situation for Ukraine by preparing for new world war — Szijjarto

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Russian troops liberate Novomikhailovka community in DPR — top brass

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Flow of cargo traffic via North-South transport corridor to reach 60-100 mln tons

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Belarusian air defense registers increased number of NATO aviation sorties

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Destroyed TV tower in Kharkov carried Ukrainian air defense coordination device — official

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Mobilization law condition for new supplies of arms to Kiev by NATO — source

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North Korea stages first combined tactical drill simulating nuclear counterattack — KCNA

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Involvement of NATO states prolongs Ukrainian conflict — Russian ambassador to Germany

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Ukraine says Western systems ineffective against Russia's electronic warfare

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Russia sees tendency for Latin America to become one of multipolar world order centers

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Top Hungarian diplomat warns US-NATO-EU competition in Ukraine could spark WWIII

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US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Russia to incorporate US nuke scenario in Poland in its military planning — diplomat

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Armenia purchasing only defensive weapons — PM

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Russia’s UN envoy, Serbian leader discuss coordination on Kosovo at UN

They "exchanged opinions on a wide range of pressing bilateral and international issues while focusing on the situation in the Balkans," the Russian diplomatic mission to the UN said

Press review: Dissecting US aid package to Ukraine and sands of global economy shifting

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Russian deputy defense minister detained on suspicion of bribe-taking

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Almaz-Antey adapts air defense launchers for various missiles

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Baku cannot turn blind eye to France, India, Greece arming Armenia — President Aliyev

"If we see a serious threat to us, we will have to take serious measures," the Azerbaijani President warned

NATO has no plans to deploy nuclear forces in Poland — Stoltenberg

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Rosatom denies reports about flooding of uranium deposit wells in Kurgan region

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Ukraine 'not in a position to win' against Russia — Spanish reserve colonel

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Value of frozen Russian assets in Switzerland drops to $6.36 bln over the year

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Chinese diplomat cautions US against 'demonizing' China-Russia relationship

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Russian troops level off frontline near Kremennaya in LPR for further advance

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