Incomes of Russian banks fell 12 times
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In 2022, the Russian banking sector received 203 billion rubles in profit, which is almost 12 times less than in 2021 — 2.4 trillion rubles. This is reported by “Kommersant” with reference to data from the Central Bank of the Russian Federation.
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Last year, the banking sector was able to compensate for losses in the first half of the year and turn a profit.
“The profit decreased significantly compared to the record result of 2021, when banks earned 2.4 trillion rubles. At the same time, losses for the first half of 2022 exceeded 1.5 trillion rubles, mainly due to currency revaluation. However, in the second half of the year, the sector showed a monthly profit that reached 342 billion rubles in December,” the Russian publication writes.
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At the same time, in the entire sector, only Sberbank reported financial results, the profit of which at the end of 2022 amounted to 300 billion rubles.
Separate credit organizations ended the hour with significant losses, but the share of profitable banks by assets reached 77%.
Source: Ministry of Finance
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