MOSCOW, December 28 (RIA Novosti) - Sberbank [RTS: SBER] posted a 31.95% rise in net profit in the January-November period, Russia's state-controlled retail savings bank said Thursday.
The bank said on its Web site that its net profit in the reporting period was $3.15 billion, with pretax profit at $4 billion, or 18% higher than at the beginning of the year.
The credit portfolio totaled $95 billion, including $67 billion in loans to legal entities. The balance in individuals' accounts was $72 billion.
Sberbank accounted for 56.8% of individuals' ruble deposits and 42% of foreign currency deposits in all commercial banks as of October 1.
Sberbank is Russia's largest bank, with 60.57% of its shares controlled by the Central Bank. Sberbank's branch network includes 17 regional banks, 840 branches and 19,198 internal divisions.
