RBC edition citing analysts WroteIt was announced that the Central Bank will decide to keep the interest rate at 7.5% annually at the Board of Directors meeting to be held on Friday, March 17.
The organizer has kept the key rate at this level in the previous three meetings. The Central Bank of Russia did not change the interest rate four times in a row in 2020 and 2021. Then it stayed at 4.25% annualized for eight months.
A number of experts interviewed by RBC allowed for a 0.25 percentage point increase in the key rate.
Formerly Prime Minister Agency WroteIn the main forecast of the Central Bank, he expects the net profit of Russian banks to be at the level of 1.2-1.5 trillion rubles. As noted in the publication, the regulatory agency admits that the 2024 profit of the banking sector could be 1.2-1.7 trillion rubles.
RBC publication with reference to Central Bank data reportedthat last year Russian banks issued about 389.6 million cards for citizens. According to the publication, their numbers rose 18% in January-December, a record for the past nine years, as the regulator began reading data in this format.