Net income of the Group

RUB bln

In 2022, the Group’s net profit amounted to RUB 32.6 billion, mainly due to pressure from:

• decreased OIBDA due to increased personnel costs, one-time expenses, investments in new areas and the bank’s reserves
• increased financial expenses against the background of higher interest rates
• loss from terminated activities
• higher depreciation reflecting investments in the network and digital areas.