MOSCOW (Reuters) -The net profit of Russian banks rose by 7% in month-on-month terms in April to 261 billion roubles ($3.27 billion), according to data published by the central bank on Wednesday.
Russian Banks Experience 7% Monthly Profit Increase in April
MOSCOW (Reuters) -The net profit of Russian banks rose by 7% in month-on-month terms in April to 261 billion roubles ($3.27 billion), according to data published by the central bank on Wednesday.
Corporate lending rose by 0.9% in April compared to March, while consumer lending declined by 0.7%, the central bank said.
($1 = 79.8705 roubles)
(Reporting by Elena Fabrichnaya; Writing by Maxim Rodionov; Editing by Alexander Marrow)
