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previous forecast). This suggests a more pronounced slowdown in lending activity, especially in the retail segment, under the impact of both a higher key rate

a 9% increase in the previous quarter. Although banks were actively financing ongoing projects, the growth of the portfolio slowed down, as developers commissioned a

inflation. To reduce inflation expectations, a slowdown in price growth is needed. Lower inflation expectations are a prerequisite for a sustained deceleration of inflation. In

assets managed by them rose to Р26.3 trillion in 2024, showing a 25.8% increase vs the figures of late 2023. The major contributors

has extended for another six months the ban on banks to charge a fee on individuals for foreign cash withdrawals from their accounts or deposits.

the cash-in-transit market. The majority of experts are in favour of establishing a level playing field for all participants. These are the outcomes of the

4%’ and ‘Significantly below 4%’) Significantly above 4% a year Approximately 4% a year Significantly below 4% a year Sources: InFOM, Bank of Russia calculations.

provided that certain conditions are fulfilled (regular bank card turnover, a permanent minimum balance on a bank card, etc.) are not taken into account. – Сombined

А.Ф. МОЖАЙСКИЙ’ (ALEXANDER MOZHAISKY) at the top around the circumference, ‘1825’ and ‘1890’ in two lines on the right, and a part of a

categories of a self-ban: by creditor type (a bank or a microfinance organisation) and by way of applying for a loan or a microloan (offline