(AFX UK Focus) 2010-01-25 17:36 UPDATE 1-Sberbank Q4 net jumps on forex, equity gains (Interactive Investor)
Posted by: in Forex News, tags: 1 Billion, Accounting Standards, Afx Uk Focus, Excerpt, Forex, Interactive Investor, Investors, Moscow, Outlook, Portfolio Gains, Quarter Profit, Quarterly Profit, Reuters, Russia, Sberbank, Webmasterwebmaster@technorati.com wrote an interesting post today on
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MOSCOW, Jan 25 (Reuters) - Sberbank cited forex and equity portfolio gains when reporting an unexpected jump in quarterly profit, which may prompt investors to view the outlook for 2010 from Russia’s top lender as overly cautious. Sberbank, which did not give detail of forex and equity portfolio gains, reported fourth-quarter profit to Russian Accounting Standards of 27.1 billion roubles ($900 …
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