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Russian Banks Are Facing Most Of The War's Cost. A New Intelligence Report Says It Could Have 'Explosive' Consequences

Russian
International Business Times Fews App News Provider
Fews App Post Time há 4h

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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