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Russia's Sberbank quarterly net profit jumps to 304.5 bln roubles

MOSCOW, April 29 (Reuters) - Russia’s largest lender Sberbank made 304.5 billion roubles ($4.09 billion) in net profit in the first quarter, up from 120.5 billion roubles in the same period of 2020, the bank said on Thursday.

Sberbank’s net interest income rose 13.3% year on year to 421.5 billion roubles in January-March.

$1 = 74.4125 roubles Reporting by Andrey Ostroukh; Editing by Edmund Blair

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