MOSCOW, January 29 (RIA Novosti) - Russia's state-run retail savings bank Sberbank said Tuesday its net profit calculated to Russian Accounting Standards (RAS) increased 41% year-on-year in 2007 to 126.05 billion rubles ($5.1 billion).
Sberbank, which holds more than half of Russian household deposits, said its pre-tax profit grew 42% year-on-year in 2007 to 160.2 billion rubles ($6.5 billion).
Russia's Central Bank controls more than 60% of Sberbank's voting stock.
