... assets. However, with the possibility of sanctions being lifted, they may re-enter the market, leading to increased investment volumes and strengthening the position of the Russian ruble. Outlook for the Russian Market Strengthening the Ruble and the Financial Sector If sanctions are eased, one can expect the ruble to strengthen, as the influx of investments and the resumption of international operations would increase demand for the Russian currency. This could stabilize the ruble's exchange rate, which would be beneficial for exporters and import-related activities within the country. Growth of the Russian Stock Market The possible lifting of sanctions would attract international investors to the Russian stock ...

... assess this data in the context of the stability of the ruble and budget revenues: a weaker export flow may increase pressure on the national currency and government finances, while a steady inflow of foreign currency earnings will support economic stability. Sberbank: Russia's largest bank will present its financial results for the first seven months of 2025 according to RAS. This interim report will reveal profit and lending dynamics at the country's largest credit and financial institution. Analysts forecast continued high profitability for Sberbank amid ...

... to a negative gross profit (-RUB 1.95 billion). Commercial and administrative expenses also increased compared to last year, which likely put additional pressure on the company's profitability. Overall, the results indicate that the company is facing financial difficulties and may need to revise its strategy to stabilize its performance. What investors should pay attention to: Revenue performance — A 22% decline in revenue indicates potential customer acquisition issues or changing market conditions. It is important to monitor how the company plans to recover ...

... provide investors with valuable insights into the state of the economy and business. The market's reaction to the macro data and financial results will show how well the current expectations of market participants are justified. Investors in the CIS countries ... ... new opportunities. Thus, Monday will set the starting point for the entire week: if the news aligns with forecasts, relative stability may persist in the markets, while unexpected factors could trigger capital reallocation between assets. Diversification ...

... loan defaults. Macroprudential Restrictions from the Central Bank Since the end of 2023, the Central Bank of Russia has introduced additional macroprudential limits on the issuance of unsecured loans to alleviate the debt burden on the population and stabilize the market. Such measures aim to reduce the level of over-indebtedness and protect the financial system from potential crises. As a result, banks are compelled to tighten lending conditions, reflecting on the volume and availability of credit cards. Changes in Consumer Behavior The challenging economic situation is prompting many Russians ...