EconomyVTB projects Russian banking sector profit of up to $53 bln over next three years
Russia’s banking sector is expected to post net profit of 3.8 trillion to 4.5 trillion rubles ($45-53 billion) over the next three years, with no significant growth forecast, VTB CFO Dmitry Pianov said. Slower key-rate cuts, competition for clients and high reserve allocations could constrain earnings.
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TASS★★★☆☆2026-09-29 13:00Original
VTB projects Russian banking sector profit of up to $53 bln over next three years