Page 81 - RusRPTFeb21

However, in December, individual banks had large one-off incomes, which overestimated the sector's performance.
For the whole of 2020, banks earned RUB1.6 trillion rubles (return on equity (ROE) - 16%), which is only RUB0.1 trillion rubles (or 6%) less profit for 2019.
Share of banks' assets, profitable at the end of 2020 amounted to 98%, which is comparable to 2019. However, the median decline was around 30%, mainly due to reserves, which more closely reflects the impact of the pandemic.
81 ​RUSSIA Country Report​ February 2021 ​ ​www.intellinews.com