Russia’s Sberbank, the country’s biggest lender, has reported a 25% slump in third-quarter net profit on rising provisions for bad loans as the bank felt the impact of the crisis in Ukraine, Russia’s economic stagnation and a weak ruble.
WSJ.com: World Markets, Wall Street Journal: World Markets
Wed, 11/26/2014 - 10:32am
Russia’s Sberbank, the country’s biggest lender, has reported a 25% slump in third-quarter net profit on rising provisions for bad loans as the bank felt the impact of the crisis in Ukraine, Russia’s economic stagnation and a weak ruble.