Russian banks’ profits could beat 2023 record – central bank

Apr 10th 2024 7:16am EDT

The regulator has improved its 2024 forecast, despite sanctions The current year could prove even more profitable for Russian banks than record-breaking 2023, Central Bank Deputy Governor Olga Polyakova said at a conference on Tuesday. Last year, a sharp rise in mortgages as well as consumer and corporate lending resulted in banks posting profits of […]

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