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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Russian banks achieve the highest profits in the history of modern Russia

rocky
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Russian banks achieve the highest profits in the history of modern Russia Empty Russian banks achieve the highest profits in the history of modern Russia

Post by rocky Sat 22 Jul 2017, 4:06 am

Russian banks achieve the highest profits in the history of modern Russia


15:51 - 21/07/2017


Russian banks' profits rose by a record 750 billion rubles in the first half of this year, the highest in Russia's modern history.

"In the absence of deterioration in the quality of loan portfolios, banks have been able to significantly reduce the spending of reserves that can be lost, and in the first half of 2017 amounted to banks' spending from reserves to cover potential losses, less than 300 Billion less, about a quarter less than the same period in 2016, and twice as low as January-June 2014 and 2015, "he said.

Bank profits have grown steadily as a result of increased domestic demand and growth in real wages, allowing borrowers to commit to paying payments to banks more regularly.

"In 2017, Russian banks continued to limit the volume of transactions with foreign credit institutions, due to the desire to avoid the risk of exchange rate fluctuations and the risk of refinancing."

http://www.almaalomah.com/2017/07/21/177163/

    Current date/time is Sat 03 Dec 2022, 5:47 pm