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Sberbank Expects Central Bank of Russia's Key Rate to Be 11-12% by Year End - CEO Gref

NAMPA / Sputnik
2026-09-03
VLADIVOSTOK, September 3 (RIA Novosti) - Russian banking giant Sberbank expects the Central Bank of Russia's key rate to be 11-12% by the end of the year, the bank's CEO, German Gref, told reporters at the Eastern Economic Forum (EEF). "We don't see any factors that would lead to a surge in inflation next year. Most likely, the rate will continue to decline​​​... and by the end of the year, we expect [the key rate] to be approximately 11-12%," Gr......
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