Russia's largest bank, Sberbank, has posted a 1H 2011 net profit of 176.1 billion roubles under IFRS. The net result is up 173.9% year on year from the 64.3 billion rouble net profit posted for 1H 2010, as net interest income climbed 10.2% year on year to 268.9 billion roubles, with the Sberbank loan portfolio increasing 10.2% over 1H 2011 – as loans to individuals rose 11.2% to 1.467 trillion roubles and loans to legal entities rose 7.5% to 5.239 trillion roubles.Non-Performing loans, overdue by more than 90 days, fell from 452.3 billion as at the end of December 2010 to 445.2 billion at June 30 2011, as provisioning for non-performing loans fell to 6.6% from 7.3% at the start of the year.Sberbank noted the improvement in its lending environment underpinned the strong net profit figure, with its major source of funding, customer deposits, increasing 4.9% over the half, with net fee and commission income rising 12.9% year on year to 64.1 billion roubles.