UPDATE 1-Russian lender Sberbank’s profit hit by soaring provisions
Russia’s largest lender
Sberbank on Thursday reported a 46.8% slump in
first-quarter profit after boosting provisions against bad loans
in the face of the coronavirus outbreak.
Sberbank on Thursday reported a 46.8% slump in
first-quarter profit after boosting provisions against bad loans
in the face of the coronavirus outbreak.
Posted by Reuters
