Bad Loans Seen Destabilizing Russian Banking System

The rising number of overdue loans may destabilize the Russian banking system, according to the Association of Russian Banks.

  • 16 Feb 2010
The rising number of overdue loans may destabilize the Russian banking system, according to the Association of Russian Banks. The ARB says bad loans may increase to 20% of total lending in the first half of 2010, up from roughly 13% as of Dec. 31, and banks have ...

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