Sberbank reports on profit growth

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Sberbank reports on profit growth
February 27. /MEDIA TALK/.By the end of 2024, the bank set a new record for net profit, which amounted to 1,580.3 billion rubles according to IFRS standards.

This is 4.8% higher than in 2023, when the bank's profit reached 1.508 trillion rubles, according to a press release from the organization. The main factors contributing to this growth were an increase in interest income, which approached 3 trillion rubles, an increase of 17% compared to the previous year, as well as the expansion of the loan portfolio.

Sberbank's total loan portfolio grew by 16.4%, reaching 45.9 trillion rubles, while retail lending increased by 12.7%, to 18.1 trillion rubles. In addition, the bank continued to grow its customer base: the number of retail customers amounted to 109.9 million, adding 1.4 million over the year, and the number of active corporate sector customers reached 3.3 million companies.


Photo: ru.freepik.com

An increase in the placement of funds on customer accounts also made a significant contribution to profit growth, which increased by 21.6% over the year to 44.6 trillion rubles.

Earlier, we wrote that the Bank of Russia has postponed the mass introduction of the digital ruble, which has been tested in major banks since last year.
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