Sberbank has tripled its profit 2016-06-08 10:53:48

One of the largest Russian banks has published its data for the first 5 months of this year. Sberbank's net profit has increased by 3 times, and reached the level of 184 billion rubles. The growth was caused by the net interest income rise, mostly due to the debt reduction of clients' credits. Only in May Sberbank has succeeded to earn 42 billion rubles. It's also known, that the bank for the first time in 2 years decided to increase salaries of around 10%.

The Sberbank's shares have shown a record growth and risen by 4.46%. The value continues to increase, which gives traders a great opportunity to make money. Trading will be available during the European session, from 7:10 to 14:30 GMT time.

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