Poll shows surge in Putin’s favorable ratings among AmericansWorld February 22, 11:28
Diplomat warns attempts to cheat during intra-Syrian talks may affect political processRussian Politics & Diplomacy February 22, 11:10
World’s governing anti-doping body seeks Russia’s membership reinstatement — WADA chiefSport February 22, 11:03
Ukraine's former president says he never asked Russia to send troops to Ukraine in 2014World February 22, 10:33
Ousted Ukrainian leader Yanukovich proposes holding referendum on Donbass statusWorld February 22, 10:14
Iran plans to buy 12 Superjet-100 Russian aircraft in near future — ministerBusiness & Economy February 22, 8:24
Kiev proposes removing Russia’s veto power in UN Security CouncilWorld February 22, 2:31
Trump says saddened to learn of death of Russia’s Permanent Representative to UN ChurkinWorld February 22, 1:56
Lavrov says Russia-Belarus relations developing in working modeRussian Politics & Diplomacy February 21, 21:48
MOSCOW, January 31. /ITAR-TASS/. Russia’s largest bank Sberbank estimates Russian GDP growth this year at about 2-2.2%, Deputy Chairman of the bank’s board, Alexander Morozov, told journalists on Friday.
Inflation was expected at about 5.5% and the oil price — at more than $100 a barrel, he added. The bank forecasts 11-12% growth of the banks’ corporate loan portfolio, while retail portfolio is expected to add 20-25%. Retail deposits are estimated to expand 18-19%.
Sberbank’s growth would outperform that of the market, Morozov added.
As reported earlier, Deputy Chairman of the Board at the Bank of Russia Mikhail Sukhov estimates that Russian banks’ corporate loan portfolio will increase by more than 10% in 2014, while retain portfolio will add less than 25%. His forecast for retail deposits’ growth is about 19%.
Ministry of Economic Development’s official projections for GDP growth and inflation this year are 2.5% and 4.8% respectively. The CBR expects inflation at 5%.