Sberbank in 2020 lost 7.7% of the profit – Eadaily, January 15, 2021 – Economics news, Russian news

Sberbank in 2020 lost 7.7% of the profit – Eadaily, January 15, 2021 – Economics news, Russian news

Compared to last year, the financial result of Sberus decreased by 7.7%. Recall that in 2019 the indicator amounted to 846.98 billion rubles. January 15, 2021. Eadaily

Sberbank in 2020 lost 7.7% of profit

Illustration: yandex.net

According to the results of 2020, the net profit of Sberbank for RAS amounted to 781.6 billion rubles. These are the bank's financial reporting data for Russian accounting rules for January 1.

Compared to last year, the financial result of Sberus decreased by 7.7%. Recall that in 2019 the indicator amounted to 846.98 billion rubles.

As RBC clarifies, Sberbank set a goal – to get a net profit of 1 trillion rubles in 2020 – it was contained in the bank’s strategy for 2018−2020. However, after the start of the pandemic, when the profit began to contract against the background of the growth of costs for covering credit risks, Sberblack admitted that this would not be possible to do this.

“According to the business plan of this year, the figure was supposed to come close to the trillion rubles. But, of course, now we will not achieve this goal. Due to the damage that has already been suffered, the formation of reserves for the past three months. We tried to immediately respond to danger, ”the head of Sberbank explained in an interview with TASS Herman Gref.

Gref later predicted that the restoration of profit plans can be said when the economy returns to the levels of the pre -crisis year of 2019. It should be noted that in August 2000, the Sberbank supervisory board decided not to change the previously recommended volume of dividends for 2019. According to Gref, it was proposed to send 422.4 billion rubles to payments, which is 50% of net profit.