Russia’s largest state-controlled bank Sberbank (Sber) posted 5.5-fold year-on-year net IFRS profit jump to a record-high of RUB1.5 trillion ($16.3bn) and made a return on equity (ROE) of 25.3%. Compared to 2021, prior to the full-scale military invasion of Ukraine, Sber’s net profit increased by 21%. For context, Sber – subject to full-blocking sanctions – did not pay the RUB623bn dividend for 2021 amid the fallout from Russia’s military invasion of Ukraine. But the bank surprised with the record-breaking total dividend payout of RUB565bn ($7.3bn) in 2022, making more than double the RUB271bn…