Page 91 - RusRPTSept23

Provision for losses (excluding adjustment)
10,542 ,346
10,418 ,767
Current year net profit
551,21 2
257,98 6
330,00 0
244,00 0
244,00 0
244,00 0
Return on assets, %
0.5
0.2
Return on balance capital, %
6.1
2.7
Liabilities RUB mn
Individuals funds*
32,937 ,000
33,812 ,000
33,779 ,000
33,142 ,000
33,279 ,000
33,564 ,000
36,619 ,000
36,601 ,123
35,582 ,075
36,956 ,000
37,722 ,000
38,173 ,000
39,277 ,000
Corporate funds
36,657 ,000
38,655 ,000
40,265 ,000
40,808 ,000
40,847 ,000
41,465 ,000
44,980 ,000
47,621 ,951
46,345 ,131
46,089 ,000
45,781 ,000
46,349 ,000
46,581 ,000
Loans received from the Bank of Russia
4,949, 854
4,566, 408
source: CBR
8.1 Bank sector overview
The Russian banking sector in June was characterized by high growth rates of the main types of lending, and the quality of the loan portfolio continued to improve.
Mortgage growth in June was +2.4% - the best result since January 2022, and growth of more than 2% for the fourth month in a row - a repeat of the record series
Growth of corporate lending for 12 months amounted to 19.8%, such high rates have not been observed since 2012, in June the increase was +1.3%
According to RIA Rating experts, mortgages will continue to be the main growth driver in the coming months, while corporate lending growth rates will be slightly lower. RIA rating experts expect that growth rates in the third quarter will be quite high, but at the end of the current quarter, due to rising interest rates, the dynamics may begin to slow down. At the same time, the quality of the loan portfolio as a whole will be quite high.
The quality of loan portfolios of Russian banks continued to improve in June. The share of arrears in the retail portfolio is at the lowest levels in 14 years, for the corporate portfolio - at the lowest levels since the beginning of 2015
RUSSIA Country Report September 2023 www.intellinews.com