In July, net profit of Sberbank calculated according to Russian business accounting standards increased by 21 percent to RUR39.4bn (approx. USD1.384bn). The bank's capital went up by 3.2 percent to RUR231.3bn (approx. USD8.13bn), and its loan portfolio rose by 0.4 percent to RUR1,694bn (approx. USD59.54bn).

      As of August 1, 2005, the balance on individual accounts stood at RUR1,340.4bn (approx. USD47.11bn), up by 2 percent from July 1, 2005.

      As of June 1, 2005, Sberbank's share in the total balance on individual accounts at all commercial banks was fixed at 62 percent with ruble accounts, 43 percent with foreign currency accounts. The balance on accounts of legal entities stood at RUR502.5bn (approx. USD17.66bn).