Russia’s largest state-controlled bank Sberbank (Sber) posted a Russian Accounting Standard (RAS) net profit of RUB141bn in September and RUB1.19 trillion in 9M24 overall, making a return on equity (ROE) of 26.3% and 23.9% respectively. As followed by bne IntelliNews, Sberbank showed a rise of 21% year on year in RAS profit to a record-high RUB1.48 trillion ($17bn) in 2023, with a RUB116bn RAS profit in December 2023 alone. Sber’s loan portfolio grew by 2.1% y/y in September (+12.9% YTD). Growth slowed in both the retail (+0.9% month on month) and corporate segments (+2.1% m/m), but still rema…