Page 68 - RusRPTAug23

funds*
7,000
2,000
9,000
2,000
9,000
4,000
9,000
1,123
2,075
6,000
2,000
3,000
7,000
Corporate funds
36,65 7,000
38,65 5,000
40,26 5,000
40,80 8,000
40,84 7,000
41,46 5,000
44,98 0,000
47,62 1,951
46,34 5,131
46,08 9,000
45,78 1,000
46,34 9,000
46,58 1,000
Loans received from the Bank of Russia
4,949 ,854
4,566 ,408
source: CBR
8.1 Bank sector overview
The financial sector remained in robust shape in June, with a net profit of 314bn rubles, reflecting an annual return on capital of 29.8%. Overall, the sector has already accumulated earnings of 1.7 trillion rubles in the first half of 2023. The growth of the sector’s profit is currently running ahead of the cumulative results in pre-war 2021.
At the same time it remains well funded with retail deposits in particular rising as the population returns their growing nominal salaries to bank accounts. The health of the sector is also demonstrated by the low level of non-performing loans and growing capitalisation of the sector.
68 RUSSIA Country Report August 2023 www.intellinews.com