SOCHI, Russia, - The Russian government's proposal to increase value-added tax and eliminate some tax breaks in 2026 to balance the budget will lower bank profits by up to 9%, Sberbank's CEO German ...

SOCHI, Russia, Oct 8 (Reuters) - The Russian government's proposal to increase value-added tax and eliminate some tax breaks in 2026 to balance the budget will lower bank profits by up to 9%, Sberbank ...