{"id":1252493,"date":"2025-06-26T18:28:21","date_gmt":"2025-06-26T15:28:21","guid":{"rendered":"https:\/\/prm.ua\/billion-dollar-debts-and-defaults-a-banking-crisis-is-brewing-in-russia\/"},"modified":"2025-06-26T18:28:21","modified_gmt":"2025-06-26T15:28:21","slug":"billion-dollar-debts-and-defaults-a-banking-crisis-is-brewing-in-russia","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/billion-dollar-debts-and-defaults-a-banking-crisis-is-brewing-in-russia\/","title":{"rendered":"Billion-dollar debts and defaults: a banking crisis is brewing in Russia"},"content":{"rendered":"<p><strong>By April 2026, if current economic trends continue, a banking collapse may occur in Russia.<\/strong><\/p>\n<p> This <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-26\/russian-banks-fear-debt-crisis-is-coming-as-war-strains-economy\" target=\"_blank\" rel=\"noopener nofollow\">was reported<\/a> in Bloomberg.<\/p>\n<p> Russian banks are facing a problem with non-performing loans that could trigger a banking crisis in the next 12 months. The number of defaults and debts is increasing in Russia.<\/p>\n<p> Internal documents show a wide gap between official figures and the real situation. Russian banks estimate the volume of bad debts at trillions of rubles.<\/p>\n<p> Russian analysts from ACRA and CMAKP predict an average probability of a banking crisis by April 2026. The risk is increasing due to a decrease in new lending and an increase in defaults. The Central Bank of the Russian Federation notes an increase in crisis risks in the 13 largest companies, the number of which has doubled over the year.<\/p>\n<p> Despite record bank profits in 2024, the worsening situation in industry and construction, as well as the debt burden, are exacerbating the crisis.<\/p>\n<p> To mitigate the credit crunch, the Central Bank of the Russian Federation lowered the key rate to 20% for the first time in three years, but rates remain at record levels.<\/p>\n<p> As a reminder, the head of the Bank of Russia, Elvira Nabiullina, stated that <a href=\"https:\/\/prm.ua\/dirky-v-biudzheti-bilshe-nemaie-chym-lataty-u-rosii-vyznaly-shcho-vycherpaly-ostanni-resursy-ekonomiky\/\">Russia has exhausted the resources that allowed the economy to demonstrate growth for two consecutive years in conditions of war and sanctions.<\/a><\/p>\n<p> As reported by the Center for Countering Disinformation, <a href=\"https:\/\/prm.ua\/zamist-rozvytku-viyna-u-rf-skorochuiut-finansuvannia-kliuchovykh-haluzey-ekonomiky\/\">Russia has significantly reduced funding for science, industry, and innovation due to falling oil revenues and a budget deficit.<\/a><\/p>\n<p data-vpb-inserted=\" diwahn.t5\"> Also follow <strong>\u201cPryamim\u201d<\/strong> on <a href=\"https:\/\/www.facebook.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Facebook<\/a> , <a href=\"https:\/\/twitter.com\/prm_ua\" target=\"_blank\" rel=\"noopener nofollow\">Twitter<\/a> , <a href=\"https:\/\/t.me\/+rtV4dxYu2_cyNjVi\" target=\"_blank\" rel=\"noopener nofollow\">Telegram<\/a> , and <a href=\"https:\/\/www.instagram.com\/pryamiy\/\" target=\"_blank\" rel=\"noopener nofollow\">Instagram.<\/a><\/p>\n<p><\/p>\n<p data-vpb-inserted=\" diwahn.t5\">\n","protected":false},"excerpt":{"rendered":"<p>By April 2026, if current economic trends continue, a banking collapse may occur in Russia. This was reported in Bloomberg. Russian banks are facing a problem with non-performing loans that could trigger a banking crisis in the next 12 months. The number of defaults and debts is increasing in Russia. Internal documents show a wide [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":1252481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76870,76871,76872,76892],"class_list":["post-1252493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","category-news-2","category-news-feed","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1252493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1252493"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1252493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1252481"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1252493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1252493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}