MOSCOW, July 20 (RIA Novosti) - Sberbank's net profit, calculated to Russian Accounting Standards, increased 31% to 53.5 billion rubles ($2.1 billion), year-on-year, in the first half of 2007, the country's largest state-owned savings bank said Friday.
Pre-tax profit also rose 31%, to 65.6 billion rubles ($2.5 billion).
In June, individuals' accounts with the bank exceeded 2 trillion rubles ($88 billion), up 10.7% against January. Legal entities' accounts totaled 1 trillion rubles ($39 billion) in June, up 27.2% since the start of 2007.
The latest reports said Sberbank's assets increased 2.9 times to 9.5 trillion rubles ($373.72 billion) in the first six months of 2007 against January. The index grew 11.2% in the second quarter of this year.
Sberbank's loan portfolio rose 13.4% to 3 trillion rubles ($118 billion) as of July 1, when the bank had 17 regional offices and 819 outlets as of July 1.
