Expert RA Expects Russian Banks' 2026 Profit at 3.7-3.9 Trillion Rubles
The rating agency Expert RA forecasts Russian banking sector net profit of 3.7-3.9 trillion rubles for 2026, citing a sustained trend of key rate cuts and positive revaluation of debt securities.
The Russian rating agency Expert RA has published a forecast for the country's banking sector, expecting net profit of 3.7-3.9 trillion rubles by the end of 2026.
According to Marina Chekurova, head of Expert RA, a continued decline in the key interest rate will unlock lending activity, supporting growth in net interest income. Additional support for profits may come from the positive revaluation of debt securities, including OFZ (federal loan bonds).
The forecast was given in an interview with TASS ahead of the St. Petersburg International Economic Forum (SPIEF).
Source: MarketTwits