MOSCOW, March 18 (RIA Novosti) - Russia's state-run retail savings bank Sberbank said Tuesday its net profit calculated to Russian Accounting Standards (RAS) increased 32.8% year-on-year in 2007 to an estimated 116.7 billion rubles ($4.8 billion).
Sberbank, which holds more than half of Russian household deposits, said its pre-tax profit grew 35.7% year-on-year in 2007 to 153.1 billion rubles ($6.2 billion).
Russia's Central Bank controls more than 60% of Sberbank's voting stock.
