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War threatens Russian banking crisis, European intelligence report says (www.reuters.com)

submitted 1 week ago by CityPop@lemmy.today to c/world@quokk.au

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[–] Hotznplotzn 3 points 1 week ago

The report estimates that 10% of corporate loans are doubtful, a sharp increase from 2024, while some major banks reported retail non-performing loan ratios as high as 15% in 2025.

The situation appears to be even worse when we consider that loans to the private sector sharply sharply increased in Russia since the full-scale invasion in 2022 and have now reached a new peak.