CBR maintains forecast for Russia's 2025 banking sector profit in range of 3 trln to 3.5 trln rubles

MOSCOW. Sept 4 (Interfax) - The Central Bank of Russia has maintained its forecast for the banking sector's profit in 2025 in the range of 3 trillion to 3.5 trillion rubles, according to the regulator's analytical review.

Banks earned a record 3.8 trillion rubles in profit in 2024.

The Central Bank also maintained its forecast for the net interest margin in 2025 at 4%-4.4%. During the year, the regulator expects the value to shift closer to the upper limit of the range. "Managing their interest rate risk in an environment of easing monetary conditions, banks tend to reduce rates on funds raised more strongly than on loans issued," the CBR said.