She made a corresponding statement at the annual meeting with the leadership of the Bank of Russia “Regulation by the Central Bank of Russia of the activities of financial market participants.”

As she noted during her speech, the banking sector has largely recovered from the crisis of 2022, banks have significantly increased their business, reached record lending rates and showed high profits.

“This, by the way, makes it easier to get out of regulatory relaxations.

We expect that this year banks will continue to contribute to the development of the economy and remain profitable.

According to preliminary estimates, profits this year could range from 2.3 trillion to 2.8 trillion rubles for the banking sector as a whole,” TASS quotes her.

Earlier, Nabiullina proposed introducing limits on cash deposits at ATMs.