Sberbank earns RUB74.1 billion in the month of October

  • Nov 09, 2019 GMT
  • Team Kalkine
  • Sberbank (SBER) released the financial highlights for 10M 2019.
  • The Bank earned RUB74.1 billion in the month of October.
  • It issued RUB290 billion loans to retail clients in the month of October and its retail loan portfolio exceeded RUB7 trillion.
  • The retail loans of the bank witnessed, and improvement of 1.5 per cent, while corporate loan portfolio growth adjusted for FX revaluation was 1.1 per cent.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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