Sberbank increases corporate loans to RAS 3.2% in Sept, retail loans 1.2%

SOCHI. Oct 9 (Interfax) - Sberbank increased corporate loans to Russian Accounting Standards (RAS) 3.2% in September while retail loans rose 1.2%, the bank said.

"The seasonal increase in business activity in September supported the demand for loans from clients. The corporate portfolio grew 2.7% for the month in real terms [without accounting for currency revaluation] to 29.4 trillion rubles, and the retail portfolio increased 1.1% [without accounting for securitization of housing loans and the cession of auto loans] to 18.1 trillion rubles. Against this backdrop, we managed to improve the quality of loans and reduce the share of non-performing loans to 2.6%," Sberbank President and Board Chairman Herman Gref was quoted as saying.

The corporate loan portfolio for 9M 2025 grew 5.8% and the retail portfolio grew 3.1%.

In September, Sberbank issued loans to corporate clients amounting to 2.6 trillion rubles and loans totaling 498 billion rubles to retail clients.

The mortgage loan portfolio without securitization increased 1.5% in September (at the level of August trends) and 7.6% since the beginning of the year, to 11.6 trillion rubles. In September, the bank issued mortgage loans for 280 billion rubles.

The consumer loan portfolio decreased 0.6% in September compared to an increase of 0.4% in August. It has fallen 12.1% since the beginning of the year to 3.4 trillion rubles. Issuance in September amounted to 151 billion rubles.

The credit card portfolio increased 0.6% in September and 7.9% since the beginning of the year, to 2.5 trillion rubles. The auto loan portfolio exceeded 0.6 trillion rubles.

Retail deposits increased 0.7% in September and 9.0% since the beginning of the year without accounting for currency revaluation, to 30.1 trillion rubles. Corporate deposits fell 0.6% for the month and 3.5% in 9M to 12.7 trillion rubles.