Sberbank provisions hit 7 percent in June-CEO


MOSCOW, June 26 (Reuters) - Russia's largest lender, state controlled Sberbank , made provisions for bad loans exceeding 7 percent of its portfolio, while 3 percent have already gone sour, its chief executive said on Friday. "The volume of non-performing loans as of June 15 was about 3 percent. Provisions rose above the 7 percent mark," Chief Executive German Gref told a news conference. "The rate of NPL growth is slowing. But we can't say for now whether it is a trend or whether there ...

Premium Content (PAID Subscription Required)

"Sberbank provisions hit 7 percent in June-CEO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×