December 20, 2019 / 11:17 AM / a month ago

Russian banks make $30 bln Jan-Nov profit - central bank

MOSCOW, Dec 20 (Reuters) - Russian banks made a combined profit of 1.9 trillion roubles ($30.62 billion) in the first 11 months of the year, up from 1.3 trillion roubles in January-November of 2018, the central bank said on Friday.

Profit, adjusted for the transition to new financial reporting standards, was 1.6 trillion roubles for the period, 23% higher than the previous year’s figure.

$1 = 62.0600 roubles Reporting by Maria Kiselyova, Writing by Alexander Marrow; editing by David Evans

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