Business & Finance
Sberbank Q1 net profit 86.8bn roubles, beats forecast
MOSCOW : Russia's biggest lender Sberbank said on Tuesday it made a net profit of 86.8 billion roubles ($3.09 billion) i
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In April Sberbank said its net profit under Russian Accounting Standards (RAS) almost doubled in the first quarter to 83.9 billion roubles.
The state-controlled bank sees full-year net profit at 230-250 billion roubles this year after earning 182 billion roubles in 2010 and 24.4 billion roubles in 2009.
Copyright Reuters, 2011