66 Days
Source:
الاقتصادية
War economy risks triggering banking crisis in Russia
A European report warns of the potential for a major banking collapse in Russia due to the deteriorating quality of loans and rising household debt. Banks are increasingly relying on government funding amidst escalating Western sanctions and a slowdown in economic growth. The proportion of questionable loans has reached approximately 10%, while over 500,000 Russians declared bankruptcy last year.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)