Source: International Business Times
Russia could face an "explosive" banking crisis because lenders have to take on a significant part of the country's war economy, according to a new report. Getty Images Russia could face an "explosive" banking crisis if lenders, which have to take on a significant part of the country's war economy, face further Western sanctions, according to a new report. Citing an intelligence report from a European state, Reuters detailed that Moscow could be vulnerable to new measures of the kind given the precarious state of the country's banks.
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