During the first half of 2010, banks earned more than all of last year

Profit of the banking sector of Russia for the first half of 2010 exceeded the combined profits of Russian banks for the full year 2009, the director of the Department's licensing and financial rehabilitation of credit institutions the Central Bank of Russian Federation Mikhail Sukhov, the Forum of Regional Cooperation on Sunday. According to him, the excess of income over expenditure of Russian banks (profit) for the five months this year amounted to 198 billion rubles. "It is clear that the first half of the banking sector earns more profit than for the full year 2009",