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Russia's Sberbank reports profit rise to $4.3 billion in 1st quarter

MOSCOW (Reuters) -Russia's dominant lender Sberbank on Friday reported an 11.3% increase in first-quarter net profit to 397.4 billion roubles ($4.32 billion) and sharply raised its retail loan growth forecast for the year. Sberbank made record profits of 1.5 trillion roubles in 2023, a more than five-fold increase on the previous year, as Russia's banking sector recovered from the impact of financial sanctions over Russia's actions in Ukraine. The state-owned bank, which dominates Russia's banking sector with around 110 million retail clients, this week announced plans to make a record annual dividend payment of more than $8 billion.

Moscow , Moskva , Russia , Ukraine , German-gref , Tomasz-janowski , Jason-neely , Sberbank , Alexander-marrow , Ussia , Etail-lending , Etail-clients

Russia's Sberbank Reports Profit Rise to $4.3 Billion in 1st Quarter

Russia's Sberbank Reports Profit Rise to $4.3 Billion in 1st Quarter
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Zmeyev , Krasnoyarskiy-kray , Russia , Ukraine , Moscow , Moskva , German-gref , Tomasz-janowski , Jason-neely , Sberbank , Reuters , Alexander-marrow

Russia's Sberbank to make record $8 bln dividend payout

Russia's largest lender
Sberbank will make a record annual dividend payout of
750 billion roubles on its 2023 results, CEO
German Gref said on Tuesday.
Sberbank made record profits of...

Russia , Moscow , Moskva , German-gref , Elena-fabrichnaya , Reuters , Sberbank , Alexander-marrow , Mark-trevelyan , Markets ,

Russia's Sberbank reports record annual profit of $16 bln

Russia's largest lender
Sberbank reported a record annual profit of 1.5
trillion roubles for 2023, a more than five-fold
increase on the previous year as Russia's banking sector
recovered from the...

Sinara , Kurganskaya-oblast- , Russia , Moscow , Moskva , Russian , Elena-fabrichnaya , German-gref , Mark-potter , Andrew-osborn , Sinara-investment-bank , Sberbank

Russia's Sberbank to pay 50% of net profit in dividends -CEO

Russia's largest lender
Sberbank intends to pay a dividend of 50% of net
profit for 2023, CEO German Gref said on Wednesday.
Sberbank earlier reported a record annual profit of...

Russia , Moscow , Moskva , German-gref , Reuters , Sberbank , Mark-trevelyan , Markets ,

Meeting on the progress of the Moscow – St Petersburg high-speed rail project

Meeting on the progress of the Moscow – St Petersburg high-speed rail project
en.kremlin.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.kremlin.ru Daily Mail and Mail on Sunday newspapers.

Petersburg , Sankt-peterburg , Russia , Lastochka , Primorskiy-kray , Sinara , Kurganskaya-oblast- , Moscow , Moskva , Sverdlovsk , Sverdlovskaya-oblast- , Ural

Vladimir Putin wants to catch up with the West in AI

Good luck with that | Business

Israel , United-states , India , New-york , United-kingdom , Taiwan , Ukraine , China , Norway , Moscow , Moskva , Russia

Why Russia's economy is doing well despite Ukraine war and Western sanctions

Why Russia's economy is doing well despite Ukraine war and Western sanctions
firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.

Switzerland , Kyiv , Kyyiv , Misto , Ukraine , Georgia , United-states , Kremlin , Moskva , Russia , Serbia , Kazakhstan

U.S. Designated Terrorist Group Russian Imperial Movement (RIM) Praises Chinese Leadership's Firm Stance In Claiming Taiwan As Part Of China, Hopes For Similar Stance From Russia Regarding Ukraine

The ultranationalist Russian Imperial Movement, designated a terrorist group by the United States and Canada, criticizes what it calls the "anti-Russian"[1] policies of the Kremlin as the conflict in Ukraine becomes more protracted. The white supremacist group praises China's leadership stance on Taiwan, hinting that non-ethnic Russians rule the Russian Federation. YOU MUST BE

Russia , United-states , Iran , Moscow , Moskva , Ukraine , Kremlin , Nabiullina , Bashkortostan , Taiwan , Republic-of-china , Taiwan-general-

Russia's Sberbank Posts Record $17Bln Profit in 2023

Russia’s largest lender Sberbank posted a record net profit of 1.49 billion rubles ($16.87 billion) in 2023, marking a fivefold increase from the year before, when Western sanctions over the invasion of Ukraine hammered Russia's financial sector. The preliminary financial results, released Wednesday, show the bank's recovery from a 75% drop in 2022, as Russian banks lost access to global payment systems and much of their overseas business.

Ukraine , Russia , Moscow , Moskva , Russian , Soviet , German-gref , Sberbank ,