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Russian banks face financial strain as bad loans surge, cutting net profits by 65%.
Russian banks are grappling with a rise in bad loans, leading to a 65% drop in net profits last year and raising concerns about financial stability.
Despite the central bank lowering benchmark rates to ease financial pressures, high interest rates have increased non-performing loans, causing stress for businesses and households trying to refinance debts.
Sberbank's CEO warned of declining loan quality, and analysts predict ongoing difficulties due to the high-interest environment.
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Los bancos rusos se enfrentan a una tensión financiera a medida que aumentan los préstamos incobrables, reduciendo las ganancias netas en un 65%.