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6.3

Sberbank CFO attributes summer corporate lending surge to one-time factors, downplaying inflation risk

Sberbank's CFO Taras Skvortsov said the acceleration in corporate lending during the summer, flagged by the Bank of Russia as pro-inflationary, was driven by one-time factors. This suggests the central bank may see less need for aggressive tightening, but the claim is unverified and could be an attempt to influence policy expectations.

Interfax1 day agoRUCredibility 35%View source

Score Breakdown

Mosaic Score6.3
Model confidence0.5
Significance0.5
Source credibility0.3
Source

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