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World news about “Banking” published by euronews.

28/05 13:50 CET

Sberbank defies forecasts for profitable Q1

Sberbank defies forecasts for profitable Q1

Sanctions-hit Russian bank Sberbank has reported better-than-expected profits, even if they are 58% down on the previous year. Sberbank made a Q1 net profit of 536 million euros, with return on equity netting 5.9%, a investor-deterring fall of 9.4%. This profitability black…