The profit of the Bank "Russia" grew by a third

In January - April 2014, the net profit of the Russian Bank increased by 30% compared to the same period last year and amounted to 1.9 billion rubles. This was reported in an official press release from a financial organization.

The assets of Russia over the past year (from May 2013 to May 2014) also increased by 30%, to 411 billion rubles. The capital of the bank over the same period increased by 35%, to 45.7 billion rubles.

In March of this year, Russia was included in the sanctions list of US authorities, which thus responded to the actions of the Russian Federation in Ukraine and the accession of Crimea. The sanctions were also imposed on a number of Russian officials and businessmen, including the main shareholder and chairman of the Board of Directors of the Russian Bank, Yuri Kovalchuk. In the expanded April list, the US Ministry of Justice was the “daughter” of Russia, Sobinbank.

After the sanctions, the VISA and MasterCard international payment systems blocked operations on Russian cards. In response, the financial organization decided to work only on the territory of the Russian Federation and only with rubles. At the same time, domestic lawmakers began to actively develop a law on the national payment system; He was signed by Russian President Vladimir Putin on May 5.