Russian banks’ profits could beat 2023 record – central bank ...News

Russia Today - Economy
Russian banks’ profits could beat 2023 record – central bank
source : Russia Today ( News ) () 78
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 3.3 trillion rubles ($35.4 billion), despite Western sanctions on the economy. The increase in lending took place despite the sharp rise of the key interest rate, from 7.5% to 16%. The record earnings were also attributed to the restoration of basic income, a significa

Hence then, the article about russian banks profits could beat 2023 record central bank was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russian banks’ profits could beat 2023 record – central bank )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Saudi Oil Reroutes Hit Capacity and Security Limits
OILPRICE - before hour & 49 minute


Latest News

Saudi Oil Reroutes Hit Capacity and Security Limits

before hour & 49 minute

China's Car Market Stalls Even as Global Demand Keeps Growing

before 6 hours & 48 minute

Tidal Energy Could Cover 57% of US Electricity Demand, NREL Study Finds

before 8 hours & 45 minute

China Doubles Down on Clean Energy Even as Coal Keeps Growing

before 10 hours & 53 minute

Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

before 12 hour & 15 minute

Europeans Are About to Find Out How Entrenched AI Is in Their Daily Lives

before 19 hour & 40 minute

KONE Egypt strengthens customer experience through digital innovation

before 20 hour & 48 minute

Record Vaca Muerta Output Fails to Lift Argentina’s Wider Economy

2026-8-2

Africa: Africa's Energy Crossroads: What Namibia's Rise and South Africa's Debate Mean for the Continent

2026-8-1

The Controversial Space Mirrors Designed to Boost Solar Power

2026-8-1

Finland's Sand Battery Cuts Emissions 70% Without a Single Rare Earth

2026-8-1

OlloBot s'apprête à lancer l'OlloNi SS1 sur Kickstarter avant sa présentation à l'IFA de Berlin

2026-8-1

The Bank of England Is Moving Away From Coal

2026-8-1

Iraq, Turkey sign agreement to transfer 750,000 barrels of oil per day for one year

2026-8-1

Oman& 039;s total oil production tises 10.6% by end of June

2026-8-1