In January-July 2015 the 30 largest banks in Russia lost RUB 10.8 billion. Last year over the same period, credit institutions gained RUB 422.6 billion, reports Observer news agency citing the Bank of Russia.

As of August, 1, 2015 the bank assets reached RUB 58.6 trillion. It is more than 78% of the general banking assets amount.

The increase in reserves for possible losses made last year profit of Russian credit organizations plummet by 40.7% or RUB 589 billion. The main reason for the latter was.

Just a reminder: over the first seven months in 2015 the profit of Russian banks decreased by 15 times.