Sberbank of Russia announced earnings results for the month and year ended December 2015. For the year, the company saw RAS net profit drop 22.5% to RUB 236.3 billion (excluding events after the reporting date). Net profit in 2014 totaled RUB 305.7 billion excluding events after the reporting date and RUB 311.2 billion including them. Provisioning for loan losses totaled RUB 397.6 billion last year compared with RUB 397.9 billion in 2014. Interest income increased by 21.3% year-on-year. Net interest income decreased by 11.1% year-on-year. Operating income before total provisions decreased by 9.2% year-on-year. Net profit before income tax reached RUB 283.9 billion against RUB 394.6 billion for 2014. Net interest income came at RUB 763.2 billion.

The net profit in December 2015 was RUB 33.8 billion.