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Sberbank Head Believes That Reduction of Key Rate in Russia Needs to Be More Significant

NAMPA / Sputnik
2025-07-02
ST. PETERSBURG, July 2 (RIA Novosti) - Russian largest lender Sberbank head German Gref said on Wednesday that the reduction of the key rate in Russia needs to be more significant. "Obviously, a reduction is overdue, and in my opinion, a reduction of 100-200 basis points will be imperceptible, a much more serious step is needed," Gref told reporters on the sidelines of the Bank of Russia's financial congress​​​....
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Swapo Party Youth League regional secretary in the Kavango East Region, Anselm Marungu. (Photo: Contributed)

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