Sberbank Aims for Higher Profits in 2026 After Record Year
Sberbank plans to boost profits in 2026, following a record 1.69 trillion roubles in 2025. CFO Taras Skvortsov cites expected interest rate cuts as a key factor.
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Sberbank , Russia's largest bank, has announced plans to significantly increase its profit in 2026, building on a record net profit of 1.69 trillion roubles achieved in 2025. The announcement was made by the bank's Chief Financial Officer, Taras Skvortsov taras skvortsov, during an interview on RBC TV. Skvortsov stated that while the 2026 profit is unlikely to reach 2 trillion roubles, it could come close, reflecting the bank's confidence in sustained earnings growth.
