27 Nov 2013 18:39

Sberbank expects corporate lending to grow 8%-12%, retail 25%-30% in 2013

MOSCOW. Nov 27 (Interfax) - Sberbank expects its corporate loan portfolio to grow 8%-12% and retail loan book to increase by 25%-30% this year.

"Growth for retail loans will be closer to 25%-30%. If you look at the corporate portfolio, this will be somewhat lower than we expected, in the region of 10%, give or take 2%," the bank's deputy chairman, Alexander Morozov, said on a conference call.

He said the combined portfolio would grow 15%-17%, as expected.