BPS-Sberbank’s net profit up 2.2 times in H1 to Br116.766m

<p> MINSK, Sep 7 - PrimePress. BPS-Sberbank increased its net profit by 2.2 times year on year in January-June 2021 to Br116.766 million ($46.42 million at the exchange rate of the National Bank of Belarus), according to the data published on the website of the National Bank. </p> <p>   </p> <p> BPS-Sberbank’s net interest income reduced by 3.6% yoy in January-June 2021 to Br82.826 million ($32.925 million, $1/$2.5156). The bank increased net fee and commission income by 17.3% to Br61.971 million ($24.64 million); reduced net income on foreign exchange operations by 39.2% to Br21.621 million ($8.6 million); got a negative indicator of income from securities operations at Br1.759 million ($14.19 million) against a Br1.113 million profit ($699,240) as of 1 July 2020, up 29.7 times. </p> <p>   </p> <p> BPS-Sberbank’s total assets increased by 5.2% year on year in January-June 2021 to Br4.779 billion ($1.9 billion): loans to customers down 5.9% to Br2.602 billion ($1 billion); assets in securities down 2.3% to Br1.087 billion ($432.1 million); funds in other banks down 36% to Br220.454 million ($87.63 million); funds in the National Bank of Belarus up 6.5% to Br466.133 million ($185.3 million). </p> <p>   </p> <p> BPS-Sberbank decreased its liabilities by 6.7% yoy in January-June 2021 to Br4.032 billion ($1.6 billion). </p> <p>   </p> <p> BPS-Sberbank decreased its equity capital in January-June 2021 by 3.1% to Br747.064 million ($297 million), the authorized capital – unchanged at Br73.585 million ($29.25 billion). </p> <p>   </p> <p> BPS-Sberbank is one of the largest banks in Belarus in terms of assets. End </p> <p>   </p>

2021-09-08

Primepress