INSUBCONTINENT EXCLUSIVE:
their loans over the next year, Bloombergreported Thursday, citing unnamed former officials and internal bank documents.The discussions are
books may be weaker than publicly reported.Russian Central Bank data shows overdue loans reached 10.5% for households and 4% for businesses
publicly warned that the share of bad loans could rise further in the coming months
out three major private lenders
Bloomberg said the fund could once again be used to inject capital into struggling institutions.An unnamed source told Bloomberg that, for
Central Bank is reportedly encouraging lenders to restructure distressed loans rather than declare them non-performing, masking the true
scale of the problem.Central Bank Governor Elvira Nabiullina insists that the financial system remains stable and well-capitalized despite
Bloomberg said the Central Bank did not respond to its request for comment.While the report did not name the banks seeking bailout
