2023 best year ever for Russian banks media

The sector is expected to rake in $36 billion in profits by the end of Q4

The outgoing year is set to become the best in history for Russian banks, which saw their profits soar despite Western sanctions on the economy, the Vedomosti news outlet reported on Tuesday, citing central bank data.

According to the report, the cumulative profit of the country's banking sector has exceeded 3 trillio