Page 93 - RusRPTOct20

8.1.1​ Earnings
Profit for 8mo20 totalled RUB1.2bn (down 14.9% y/y) with the August profit of RUB178bn being up 1.3% y/y.
The Russian banking sector has made back much of the ground lost in the first half of the year and cumulative profits are now back to the level they were last year, which was well ahead of previous years.
93 ​RUSSIA Country Report​ October 2020 ​ ​www.intellinews.com