July 30, 2020 / 7:22 AM / 14 days ago

Russia's Sberbank says Q2 net profit down 33.4% y/y

MOSCOW, July 29 (Reuters) - Russia's largest bank Sberbank said on Thursday its net profit in the second quarter fell 33.4% in year-on-year terms to 166.7 billion roubles ($2.28 billion).

The bank's net interest income rose 12.9% to 398.5 billion roubles in April-June of 2020. ($1 = 73.1400 roubles) (Reporting by Andrey Ostroukh and Tatiana Voronova; Editing by Alison Williams)

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