Business » Finance
Author`s name Dmitry Sudakov

Russian banks earned record profits in 2010 - Comments

2010 was a successful year for Russian banks. Their profit in 2010 made up 573.4 billion rubles, which was three times as much as in 2009. Experts believe that such a growth has been achieved owing to the recovery of the reserves created during the crisis. Nevertheless, banks continue to accumulate reserves for their further work in 2011

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