Share" non-performing "loans of the Savings Bank in 2009 increased in 4,7 times - up to 8,5%. On this evidence of his statements to International Financial Reporting Standards (IFRS). The volume of "non-performing" loans rose from 94.7 billion rubles at the beginning of 2009 to 464.2 billion rubles at the end of the year. "growth share" non-performing "loans have decreased in fourth quarter of 2009, amounting to only 0.6 percentage points per quarter, "- noted in the materials bank. Due to the increase in the share of" bad "loans (ie loans on which payment of a debt is unlikely), the bank has increased the cost of establishing reserves in the 4 times - up to 388.9 billion rubles. "This factor had a decisive influence on the decrease in net income of the reporting period. In this case, contributions to the reserve for loan impairment in the fourth quarter of 2009 decreased by 20,2% compared to the Provision for the third quarter, "- stated in the materials bank. Sberbank increased in 2009, its loan portfolio by 3.1% - up 5.4 trillion rubles' portfolio of loans to legal entities grew by 6.1%, down to 4.266 trillion rubles, as the main source of growth in total loan portfolio. Credit portfolio of individuals decreased by 6.6% to 1.178 trillion rubles by reducing the demand for consumer loans by individuals "- described in the materials bank. Sberbank lowered its net profit 2009 under IFRS 4 times - to 24,4 bn. Analysts, according to the consensus forecast RIA Novosti, the expected net profit for last year of $ 21.7 billion. Thus, the actual result was better than analysts' forecasts.
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