Sberbank net profit tops $20B Jan-Oct, up 17.6% on strong interest income

Sberbank reported net profit exceeding $20B for January-October, a 17.6% increase year-on-year, driven by a 23.7% rise in net interest income. The results indicate robust domestic lending and resilient Russian financial sector despite sanctions. This is a continuation of Sber's strong performance, with no deviation from recent trends.

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