Sberbank posts net profit of 47.4 bln rubles in Jan-April
MOSCOW. May 19 (Interfax) - Sberbank Russia posted a net profit of 47.4 billion rubles in the first four months of 2010 under Russian accounting standards, Deputy CEO Bella Zlatkis told journalists.
Sberbank posted a net profit of 0.8 billion rubles in January-April 2009.
It was reported earlier that Sberbank posted a net profit of 43.2 billion rubles in the first quarter, compared with a net profit of just 0.3 billion rubles in the first quarter last year.
Sberbank has seen deposits increase more than 5% since the beginning of the year, Zlatkis said.
The bank targets an increase in lending. "We are not reducing lending volumes. In 2009 and the first four months of 2010, Sberbank loaned more than 5 trillion rubles," she said.