Page 105 - RusRPTSept23

8.1.8 Sberbank news
The net profit of Russia’s top bank Sberbank stood at RUB130.4bn in July, as calculated under Russian Accounting Standards (RAS), the bank said in a statement on August 9 without providing a comparative figure for 2022.
In January–July, the net profit stood at RUB858.2bn.
The bank’s retail loan portfolio increased by 1.4% in July to more than RUB13.7 trillion. The corporate loan portfolio grew by 3.6% to almost RUB21.6 trillion.
Sberbank’s retail deposits rose by 2% on the month to almost RUB20.3 trillion, while corporate deposits grew by 0.5% to RUB9.5 trillion. Since the start of the year, retail deposits rose by 10.6%, corporate by 8.7%.
8.1.8 Bank news
Net profit of TCS Group, the parent structure of Tinkoff Bank, under the International Financial Reporting Standards (IFRS) for the first half of 2023 amounted to 36.6bn rubles ($382.97mn), which is 8-fold more than in the same period last year, the group said on August 29. The group's net profit for the Q2 of 2023 amounted to 20.4bn rubles ($213.46mn), which is almost 7-fold more than for the Q2 of 2022 - 3bn rubles ($31.38mn). Net interest revenue of TCS Group as of June 30, 2023, surpassed 100bn rubles ($1.04bn)
RUSSIA Country Report September 2023 www.intellinews.com