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Central Bank Governor says Russian banks’ profit expected at up to $30 bln in 2024

The regulator does not expect contraction of the loan portfolio, though dynamics is likely to be diverse

MOSCOW, March 1. /TASS/. Russia’s Central Bank expects banks’ profit to reach from 2.3 trillion rubles ($25 bln) up to 2.8 trillion rubles ($30.6 bln) this year, the regulator’s Governor Elvira Nabiullina said.

"The banking sector has recovered to a large extent after the crisis year of 2022, with banks having seriously boosted business, reached record lending rates and posted high profit. By the way, this also mitigates withdrawal from regulatory easing. We expect banks to continue contributing to economic development and remain in the black this year. According to preliminary estimates, this year’s profit may reach from 2.3 trillion rubles to 2.8 trillion rubles across the banking sector," she said.

The regulator does not expect contraction of the loan portfolio, though dynamics is likely to be diverse. According to the forecast for 2024, the banks’ corporate portfolio will gain 6-11%, mortgage loans will rise by 7-12%, while consumer loans will add 3-8%. In 2023, the corporate portfolio increased by record 20% after 14% in 2022. The portfolio of unsecured consumer loans grew by almost 16% in 2023 after 3% in 2022.

Russia and China to set up commission for development of Northern Sea Route — Rosatom CEO

"Our task is to create in the shortest possible time a joint program for expanding Chinese transit along the Northern Sea Route, as well as for a number of other projects in the interests of using this global artery," Alexey Likhachev pointed out

Two single-family houses, passenger car damaged by missile fragments in Sevastopol

No one was hurt, Sevastopol’s governor Mikhail Razvozhayev said

Blinken says Ukraine may engage in talks if Russia shows 'interest'

Antony Blinken noted that in terms of negotiations, these are "decisions for Ukraine to make"

Russian troops liberate three communities in Ukraine operation over past day — top brass

Russian troops repulsed ten Ukrainian army counterattacks in the Kupyansk area over the past day, the ministry reported

Russia expels UK defense attache from Moscow in tit-for-tat move — Foreign Ministry

Adrian Coghill "must leave the territory of the Russian Federation within a week," the ministry said

Ukrainian commanders flee Kupyansk, leaving covering force — Russian lawmaker

The Kharkov direction is the most important and challenging frontline area for Russian troops, Viktor Vodolatsky pointed out

Israeli losses surpass 620 troops since Gaza conflict escalated

It is reported that since the onset of the ground operation in Gaza the Israeli army has lost 273 troops

Some OSCE countries try to make it affiliate of NATO — Russian envoy

Alexander Lukashevich said the OSCE Chairpersonship, represented by Malta, is conducting work related to Ukraine in a confrontational manner

Upgraded tank anti-FPV drone systems arrive for Russian troops in Ukraine operation

New Triton drone suppression systems can be mounted on both armor and quad bikes, sea boats and any objects that require protection against FPV drones, Denis Oslomenko elaborated

European countries still look up to US — Kremlin

Dmitry Peskov noted that it is too early to speak of any changes in the policy of European countries following Chinese President Xi Jinping’s visit

Taliban signals it doesn’t pose threat to India, Russia — Russian diplomat

"If they want to remain Afghan patriots, albeit with a large share of Islamism, they must act so that not to spoil relations at least with the surrounding world," Zamir Kabulov noted

Ukraine’s terror attacks on Russia 'revenge' for military failures — North Korean envoy

According to Sin Hong Chol, "the Zelensky puppet clique committed hundreds of unethical atrocities of killing innocent inhabitants by striking civilian objects"

Putin says he is in constant contact with Xi Jinping

The Russian president also recalled that his state visit to China is taking place in the year of the 75th anniversary of the establishment of diplomatic relations between the two states

Russia, China to strengthen contacts through banks — Putin

Moscow and Beijing also consider rehabilitation of global economic institutions, including WTO, G20 and APEC, necessary, the president said

President of Slovakia confirms PM Fico’s assailant detained — report

Zuzana Caputova called the attack on Fico an "attack on democracy," adding that such crimes are being motivated by the "hateful rhetoric"

Putin asks Belousov to "open" Defense Ministry as much as possible

The Russian president set another task for the new defense minister to address - to continue handling economic matters

New relations, successes of China's automobile industry: what Putin, Xi said in Beijing

According to the Russian leader, the partnership between Moscow and Beijing "will serve as a model of how ties between neighboring states should be built"

Putin, Xi sign statement on deepening relations

The document was signed after extensive Russian-Chinese negotiations

Cuban president calls on US to remove Cuba from list of state sponsors of terrorism

Prime Minister of Slovakia shot by 71-year-old assailant — report

The man reportedly owned his weapon legally

New head of Taiwan claims readiness for dialogue with mainland China

China’s authorities have repeatedly noted that what is known as the 1992 Consensus is a condition for dialogue with Taiwan, however, Lai Ching-te claimed not to support it

Hezbollah drones attack Israeli military base some 50 km from border with Lebanon

"The operation was carried out in response to the killing of field commander Hussein Makki near Tyre", Hezbollah said on its Telegram channel

Russia, China warn US, NATO against setting up military infrastructure in Afghanistan

The leaders of Russia and China also expressed their intention "to boost Afghanistan-related partner interaction both at the bilateral level and on multilateral platforms"

Discussing Ukrainian settlement without Russia to be empty scholasticism — Kremlin

"It is absolutely useless to discuss security issues that concern us without Russia," Dmitry Peskov stressed

Patriot supplies unlikely to impact Russia’s plans to liberate Kharkov, expert says

According to Roman Shkurlatov, two Patriot systems will not make Kharkov safe

Russia’s new defense minister should pay attention to strategic nuclear forces — expert

"In case of a first nuclear missile strike against Russia we should be able to destroy the aggressor with a retaliatory strike in a guaranteed manner," Igor Korotchenko noted

China expects peace to recover on European continent shortly — Xi Jinping

The Chinese leader added that Beijing "is ready to play its constructive role"

Attack on Fico targets friendship with Russia — former Slovak prime minister

"The assassination attempt can be blamed only on a political madman, brainwashed by Slovakia's opposition media," Jan Carnogursky stressed

US did not enable Ukrainian strikes beyond Ukrainian territory — Blinken

The US secretary of state noted that Ukraine must decide on how to carry out combat action on its own

Russia hails any peace initiatives for Ukraine — Kremlin spokesman

"We know the situation on the Ukrainian side, which excludes any talks for itself even from the legal point of view," Dmitry Peskov noted

Russia views positively China's plan on Ukraine, it addresses causes of conflict — Lavrov

In February 2023, the Chinese Foreign Ministry published a position paper on a political settlement to the crisis in Ukraine

Zelensky admits possibility of Ukraine losing Kharkov

The Ukrainian president asked US Secretary of State Antony Blinken to provide two Patriot systems to defend Kharkov, but the US diplomat did not give him an unequivocal answer

Confiscation of Russian assets by Estonia for transfer to Ukraine is theft — MFA

Deputy Foreign Minister Alexander Pankin stressed that Russia considers this "a violation of international law"

Yemeni Houthis claim delivering missile strike on US destroyer

Additionally, according to Yahya Saree, in the Red Sea, the Houthis attacked the commercial vessel Destiny en route to the port of Eilat in Israel

Putin signs law banning foreign agents’ participation in elections

The elections include those to federal and regional state bodies, to public authorities of a federal territory, as well as to local self-government bodies

Kamaz recalls over 23,000 vehicles in Russia

Transport vehicles are remembered due to the lack of an accident emergency response device, Rosstandart reported

State Duma approves Mikhail Mishustin as Chairman of Russian Government

Prime Minister Mikhail Mishustin thanked State Duma lawmakers for approving his candidacy for the prime minister’s office

Afghan Taliban no longer Russia’s enemy — Russian diplomat

According to Zamir Kabulov, relations between Russia and the Taliban are on the rise but "there are certain political limits"

Blinken’s visit to Kiev shows US concerned over Ukrainian failures on frontline — diplomat

"He sang a song, ate some pizza and left," Maria Zakharova noted

Slovakia’s PM Fico in critical condition — defense minister

Robert Kalinak said that the prime minister had been undergoing surgery for more than 3.5 hours

Ukraine’s military has about 2,000-strong garrison in Kherson — resistance fighters

Ukrainian service members have been moving little in the city lately and normally only at night, the Kherson Resistance guerilla unit commander added

US playing blame game in Ukraine conflict not productive — Chinese Foreign Ministry

Wang Wenbin also rejected Washington's accusations of military aid to Russia, emphasizing that "China has always taken a prudent and responsible stance when it comes to military exports, and strictly controls the export of dual-use goods"

Russia-China relations not opportunistic, not directed against anyone — Putin

According to the Russian leader, Russia and China together uphold the principles of justice and a democratic world order that reflects multipolar realities and a world order based on international law

Several people injured in knife attack in Switzerland’s Zofingen — report

The attacker has been detained, AFR reported

Putin arrives in China on state visit

The Russian president is scheduled to visit Beijing and Harbin

Press review: Putin keeps government core intact and Blinken gives Kiev NATO assurances

Top stories from the Russian press on Wednesday, May 15th

Erdogan says government knows 'puppet master' behind reported conspiracy

The Turkish leader said it is unacceptable to break laws, and warned that "anyone who goes beyond the limits will be held accountable"

Duma speaker threatens more powerful response to attacks against Russian citizens

According to Vyacheslav Volodin, attempts by Ukrainian lawmakers to get Washington’s okay to use US-supplied weapons to strike targets inside Russia risk causing a tragedy that "may affect everybody globally"

Putin arrives in Great Hall of the People in Beijing for talks with Chinese leadership

The talks were preceded by an official welcoming ceremony

Russian tech firm develops portable EW system to shield assault teams from drones

One system suppresses munition-dropping drones, creating a dome of 250-300 meters and shielding an assault group while the other suppresses FPV drones

Putin, Xi Jinping conclude informal talks

During an informal lunch, each of the leaders was joined by four delegation members

Liberation of Rabotino to accelerate Russian advance in Zaporozhye Region — politician

Vladimir Rogov said Ukraine still holds the heights to the north of the village, and fierce battles are underway to control them

Putin, Xi begin talks

Russian and Chinese Presidents have begun talks at the Great Hall of the People in Beijing

Russian troops destroy 600 combat aircraft in Ukraine operation — top brass

The Ukrainian army lost over 520 troops in battles with Russian forces in the Donetsk area over the past day, Russia’s Defense Ministry reported

Military conscripts in Ukraine to receive barcodes facilitating apprehension of deserters

According to the new law on tightening the rules of mobilization, men (regardless of deferments and reservations) will have to update their data in military registration offices within 60 days from that day and will have to carry a military card with them at all times

Russian Su-25 attack aircraft wipe out Ukrainian equipment, personnel over past day

After employing air-launched munitions, the pilots performed a missile evasion maneuver, fired flares and returned to their airfield, it said

Russia developing thermal imager for Black Sea Fleet to repel night naval drone attacks

The devices help detect targets at a distance of over 1 km

West should assess risks of Russia's response to asset confiscation — Foreign Ministry

Russian Deputy Foreign Minister Alexander Pankin noted that retaliatory measures "can be both symmetrical and asymmetrical in a variety of instruments, including legal, financial, and administrative"

Putin warns against imbalances in economy, industry related to special military operation

The Russian leader also stated the importance of diversification of military production at a meeting with commanders of military district troops

Ukrainian troops shelling civilians in Kharkov Region villages they were driven from

According to the ministry, units of Russia’s Battlegroup North continue to improve their tactical positions

Russian Tor air defense systems effective in destroying Storm Shadow missiles — top brass

Teams of Tor-M2 surface-to-air missile systems of Russia’s Battlegroup East shield first-echelon troops and civilian facilities in the south Donetsk direction

Czech president speaks out in favor of halting hostilities in Ukraine

Petr Pavel believes it is "naive" to imagine that Kiev will be able to regain territory taken by Russia in the foreseeable future

Slovak PM Robert Fico wounded in shooting — portal

The suspected shooter has been apprehended

China offers to provide security guarantees on Ukraine, West not ready — Lavrov

The Russian foreign minister specified that Beijing has "an absolutely correct position, essentially, to sort out root causes and collectively remove them"

Russian forces advancing daily in special op, everything going according to plan — Putin

The Russian leader opened his meeting with commanders of troops of military districts by extending his greetings on the occasion of Victory Day

Political motives behind assassination attempt on Fico

The shooter made a statement right after his detention, saying that he had opposed the government’s policy limiting media freedom

Dnepr battle group destroys 15 Ukrainian boats in one day — Kherson governor

In addition, 23 drone control centers were destroyed and 34 drones shot down or disabled

Moscow ready to navigate market challenges amid US' uranium import ban

Russian Deputy Foreign Minister Sergey Ryabkov noted that this latest move from Washington showed just how low it would go to try to hurt the Russian economy

Assassination attempt on Slovak PM Fico was planned in advance — defense minister

It is reported that doctors are doing everything possible to stabilize the patient

Russia, China sign ten joint documents

The agreements penned included an initiative to develop the Bolshoy Ussuriysky Island, protocols on requirements for beef and other products exported to China

Russian president’s visit to Vietnam to propel deepening of bilateral ties — envoy

The exact dates of the visit are yet to be coordinated

Urals defense firm boosts armored vehicles output 20% — Rostec

Kurganmashzavod is the largest enterprise in the Kurgan Region and a leading producer of the Russian defense industry

Slovak PM Fico’s life out of danger — deputy PM

Robert Fico was wounded in a shooting incident that happened after a government meeting in the city of Handlova in the western part of Slovakia

EU agrees to ban access to three Russian media outlets, one European

The measure needs to be approved by the EU foreign ministers

Russia’s Strategic Missile Force builds up combat capabilities with new missile systems

Currently, Russia’s Strategic Missile Force is replacing Topol-M intercontinental ballistic missile systems with Yars ICBM launchers and placing Avangard hypersonic missile systems on combat duty in its Yasny missile formation

Russia, China to continue strengthening military ties — joint statement

The two countries are also set to hold joint naval and air patrols on a regular basis

US discusses deployment of Patriot systems in Kharkov with Ukraine — Blinken

Russia’s Defense Ministry reported earlier that Russian troops had liberated several communities in the Kharkov Region

Moscow, Beijing seriously develop practical cooperation — Putin

The Russian leader named energy, industry and agriculture as priorities

WHO chief offers words of support for Slovak PM Fico after assassination attempt

Fico was wounded in a shooting incident that happened after a government meeting in the city of Handlova in the western part of Slovakia

UAE rates high Made in Russia brand, understands its reliability — REC

The UAE is a very competitive market, though the Russian brand has managed to prove its stability, due to a good marketing campaign in particular, Najibullo Jabbori said

Slovak leader urges suspension of country's campaign for European Parliament elections

Peter Pellegrini emphasized that "Slovakia must choose the path of peace and coolheadedness"

US imposes sanctions against Russian police training center in Nicaragua

According to Washington, the training center "contributes to anti-democratic actions and repressions from the Ortega-Murillo regime"

Foreign mercenaries in Ukraine to inevitably become Russia’s targets — MFA

"Any weapons supplied to Kiev’s Nazi regime are considered by Russia’s Armed Forces as legitimate military targets and must be destroyed," Maria Zakharova stressed

Putin, Xi to discuss Ukrainian crisis, development of bilateral ties

Priority attention will be focused on trade and economic cooperation

US Congress has evidence of Biden family’s involvement in terrorism — Ukrainian politician

Andrey Derkach pointed out that "the criminal case that was initiated against Burisma was being actively investigated under [Ukrainian] Prosecutor General [Viktor] Shokin [in 2014-2016]"

Russia condemns attack on Slovak prime minister — Kremlin spokesman

Dmitry Peskov recalled that Russian President Vladimir Putin had sent a telegram to express his support for the Slovak prime minister and wished him the soonest recovery

Several airborne targets downed approaching Belgorod — governor

Vyacheslav Gladkov added that three houses were damaged in the settlement of Petrovka

Avtovaz to produce up to 50,000 Lada Largus cars by year-end

Earlier, Avtovaz resumed the production of gasoline-fueled Lada Largus cars at its facility in Izhevsk

Europeans go for broke seeing risk of collapse for Kiev in special op situation — Kremlin

According to Peskov, currently, "the moment is crucial."

Fico shot multiple times, undergoes five-hour operation — doctors

Slovak Defense Minister Robert Kalinak, confirmed that doctors had managed to stabilize Robert Fico’s condition overnight

Putin says Russians, Chinese 'brothers forever'

The audience, listening first to the Russian speech and then to the Chinese translation, applauded the Russian president's words

All Ukrainians who covered up Nord Stream sabotage identified, politician says

According to Andrey Derkach, members of the group led by Roman Chervinsky acted under instructions from Christopher Smith, "the No.2 at the US Embassy in Ukraine at that time and a well-known" CIA agent

What we know about attempt to assassinate Slovakia’s Prime Minister Robert Fico

Robert Fico was shot after a cabinet meeting in the city of Handlova in western Slovakia

Nord Stream saboteurs prepped in Ukraine, Romania — Ukrainian politician

According to Andrey Derkach, they trained on the South Stream, rented a large yacht, and then they were taken to Poland

Slovakia’s PM in 'very serious' condition, president-elect says

Peter Pellegrini added that "the next few hours and days" will be decisive for Robert Fico, who is staying at a hospital in the town of Banska Bystrica

Russia, China praise dialogue as best form of settling Ukrainian crisis — statement

"The parties proceed from the fact that in order to ensure a sustainable settlement of the Ukrainian crisis it is necessary to eliminate its root causes and to adhere to the principle of indivisibility of security," the document said

Press review: Putin embarks on state visit to China and assassination attempt on Slovak PM

Top stories from the Russian press on Thursday, May 16th

Russia’s onslaught on Kharkov may compel Ukraine to truce — NYT

On May 11, Russia’s Defense Ministry reported liberating several populated localities in the Kharkov Region

If West wants to solve Ukraine conflict on battlefield, 'so be it' — Lavrov

Sergey Lavrov reiterated that Russia was ready to negotiate peace not only in words, but also in deeds

Ukrainian forces use US-made GLSDB munitions against DPR civilians for the first time

DPR head Denis Pushilin said that two civilians were killed and three were injured by Ukrainian strikes on Thursday

Latin America refuses to sacrifice its future for US interests, Russian envoy believes

Dmitry Feoktistov noted that the EU industry, which refused direct supplies of Russian hydrocarbons due to sanctions, is currently experiencing a deep crisis, losing its profitability and competitiveness