April 16, 2019 / 2:06 PM / in 4 days

Russian banking profits up 66 pct in Q1 y/y - c.bank

MOSCOW, April 16 (Reuters) - Russian banks made 587 billion roubles ($9.11 billion) in net profit in the first quarter of 2019, a 66.3 percent increase from a year ago, the central bank said on Tuesday.

The central bank said in a monthly report that there were still more profitable lenders in the Russian banking sector than loss-making organisations. ($1 = 64.4050 roubles) (Writing by Andrey Ostroukh Editing by Tom Balmforth)

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