Sber Projects Key Rate Reduction to 10-12%; Aims to Boost Investment Activity
Sberbank expects the central bank's key rate to fall to a range of 10-12%, a move that could enable the economy to fully rebound to investment levels, according to First Deputy Chairman Alexander Vedyakhin. The bank's optimism follows a revival in corporate lending, which saw issuance surpass 900 billion rubles over the past two months. However, businesses are predominantly borrowing for operational needs rather than expansion.
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1September 4, 2026 1.8K 12
