Russian banks made a record 3.3 trillion rubles, or $36.8 billion, in profits last year.
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AdvertisementEven Russia's central bank is surprised by how well Russian banks did last year.
Russian banks made 3.3 trillion rubles, or $36.8 billion, last year, marking a record high, the country's central bank announced on Tuesday.
The performance came as “somewhat of a surprise,” said Alexander Danilov, the head of Russia's central bank's banking regulation department, according to the Financial Times.
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