Russian Central Bank: Cost of risk for banks' corporate portfolios will be 1.1%-1.4% in 2023, retail portfolios will be 2.1%-2.4%

MOSCOW. March 7 (Interfax) - The cost of risk for the corporate portfolios of Russian banks will be 1.1%-1.4% in 2023, and the cost of risk for their retail portfolios will be 2.1%-2.4%, according to the analytical overview of the Central Bank of Russia (CBR) on the domestic banking sector.

The CBR forecasts that the cost of risk for corporate portfolios will be 1%-1.3% in 2024, and the cost of risk for retail portfolios will be 2%-2.4%.