Russia’s Banking Crisis Deepens

#finance
#financement

Russia’s biggest bank has released concerning new figures—and warned that financial pressure on its business customers is getting worse.

Sberbank’s defaulted assets have risen nearly 20% since the beginning of the year. Across Russia’s banking system, problem corporate loans, including risky restructured borrowing, have reached approximately $165 billion.

In this video, I explain how struggling companies are passing their financial problems into the banks, why repayment extensions can obscure the pressure, and how high interest rates are making recovery harder.

Sberbank remains highly profitable, but its latest warning raises an uncomfortable question: what happens if borrowers need more time—and the recovery they are waiting for fails to arrive?