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Russian banks face hidden crisis as 24.5% run at a loss

The Bank of Russia raised full-year banking profit projections to $52.4 billion even as loss-making lenders reached 24.5%, financial journalist and soldier with the AFU 8th Artillery Brigade Petro Shevchenko reported on Oct. 13.

Russian banks face hidden crisis as 24.5% run at a loss

We haven't written up this one. New Voice of Ukraine has the full story — the link below goes straight to it.

Read the original at english.nv.ua →

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