At the end of 2023, Sberbank updated its net profit record. Over the year, the country’s largest bank earned almost 1.5 trillion rubles, five times more than in 2022. The previous record was set by Sberbank in 2021, with a net profit of 1.2 trillion rubles.
Russia’s largest bank made a record net profit according to operating results in 2023. Sberbank’s net profit amounted to 1.49 trillion rubles, five times more than in 2022, the organization reports according to RAS.
Sberbank set a previous record for net profit in 2021. Then the bank earned 1.2 trillion rubles.
The amount of profit for 2023 became expected, since the largest shareholder of Sberbank, represented by the State of the Russian Federation, included 375 billion rubles in Sberbank dividends in the budget for 2024.
Author:
Kirill Bilyk
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.