A key factor in this result was a significant increase in net interest income to RUB 70.6 billion (+38.8%), due to high interest rates in the credit market.
The volume of loans issued increased by 9.4% to 751 billion rubles. Corporate loans increased by 11.5% to 588 billion rubles, while retail loans showed a more modest increase of 4.2% to 162.5 billion rubles. At the same time, the quality of the loan portfolio improved: the share of problem debts decreased from 5.2% to 4.7%.
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The financial results showed mixed dynamics: revenues in the financial market increased by 6.1% to 10.9 billion rubles, but net commission income decreased by 7.1% to 11.6 billion rubles. Expenses on reserves increased to 6.1 billion rubles from 3.3 billion a year earlier. Operating expenses increased by 9.8% to RUB 25.9 billion.
Return on equity (ROE) decreased from 29.7% to 27.1%, but the bank's fixed capital increased by 18.2% to RUB 184.7 billion.
In terms of assets, the bank is one of the 15 largest Russian banks.
By the end of 2024, Sberbank, the country's leader in terms of assets among banking organizations, also achieved record profit figures of 1.58 trillion rubles.
