For the first time, pro-kremlin analysts have publicly recognized serious structural problems in the banking sector of the aggressor country of russia. According to the Center for Macroeconomic Analysis and Short-Term Forecasting, the volume of "bad" loans to households has already reached RUB 2.3 trillion (≈USD 27 billion), having increased 1.6 times in just nine months. This is reported by the Center for Countering Disinformation at the National Security and Defense Council of Ukraine.
It is reported that more than RUB 2.4 trillion (≈USD 28.2 billion) of loans have been forcibly restructured, which allows banks to hide the real level of non-payments. The quality of mortgages and consumer loans issued at high rates in 2023-2024 is deteriorating. In the corporate sector, one in five small and medium-sized business loans needs to be reviewed due to falling revenues.
The problems affect both business and the population: companies are losing profits due to declining exports, and citizens are losing real incomes and increasing debt burden. The Center emphasizes that this indicates a systemic deterioration of the economic situation in russia amid the war and sanctions.
"Such data show that Russia's financial stability is deteriorating even according to official estimates of its own economic centers. The accumulation of "bad" debts is a direct consequence of military spending and the Kremlin's policy, which continues to drain the economy," the Center adds.
As the Ukrainian News agency earlier reported, in the aggressor country of russia, cases of disconnection of home Internet when using VPNs were recorded.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.