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BRIEF-Russia's Sberbank says doesn't expect cost of risk to worsen sharply in Q2
May 28, 2015 / 3:12 PM / in 2 years

BRIEF-Russia's Sberbank says doesn't expect cost of risk to worsen sharply in Q2

May 28 (Reuters) - The chief financial officer of Russia’s Sberbank said on Thursday:

* The bank doesn’t expect its Q2 cost of risk will be seriously worse than its Q1 level (250 basis points)

* Sberbank continues to increase its provisions for Ukraine, but considers its provisions adequate for the moment Source text for Eikon: Further company coverage: (Reporting By Alexander Winning)

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