PPP KINGDOM

PPP KINGDOM

SBERBANK POSTS 1H 2011 NET PROFIT OF176.1BILLION ROUBLES AS LENDING REBOUNDS

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Russia’s largest bank, Sberbank, has posted a 1H 2011 net profit of 176.1 billion roubles under IFRS.

Sberbank posts 1H 2011 net profit of 176.1 billion roubles under IFRS

The net result is up 173.9% year on year from the 64.3 billion rouble net profit posted for 1H 2010.

http://rt.com/business/news/sberbank-1h-profit-roubles-415/

Best Regards,

FINANCIAL WARRIOR

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