Business
SBER: Q3 profit surged, lending grew, and digital adoption expanded amid stable capital ratios
SBER: Q3 profit surged, lending grew, and digital adoption expanded amid stable capital ratios
About this update from Sberbank
Q3 net profit reached RUB 411 billion with ROE at 25.4%, driven by strong corporate and retail lending, robust fee income, and expanding digital services. Cost of risk rose in retail, while capital and dividend policies remain stable. Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.