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Russian central bank says 2016 banking sector profit at 930 billion roubles

Reuters

MOSCOW (Reuters) - Russian banks made profit of 930 billion roubles ($15.66 billion) in 2016, versus profits of 192 billion roubles a year earlier, the central bank said on Wednesday.

Russian banks' assets shrunk by 3.5 percent last year but rose by 1.9 percent when currency effects were stripped out, the central bank added.

(Reporting by Alexander Winning,; editing by Katya Golubkova)

 

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