Russian Banking Outlook Amidst Economic Challenges and Geopolitical Tensions | Andrey Kostin, CEO , VTB Bank . 00:10:00
Amidst a successful year for Russia's banking sector, expectations for future growth are tempered by stringent monetary policies. With the Central Bank's key interest rate rising to 7.5%, anticipated economic expansion may slow by a third in the coming year. Geopolitical uncertainties, including tensions over Ukraine, further cloud the economic outlook despite recent stock market gains.
