Sberbank, which boasts around 107 million active retail clients, was releasing results under international reporting standards for the first time in over a year. Russian authorities had ordered banks to limit disclosures and dividend payments last year as Moscow tried to maintain financial stability. Net interest income rose 6.6% year-on-year to 1.87 trillion roubles, the bank said, while net commission income rose 15.4% to 697.1 billion roubles. Sberbank's annual profit came around 30 billion roubles lower than what it reported last month under Russian accounting standards. February profit under Russian standards stood at 115 billion roubles.

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