Eugene McParland 🇺🇦
@EugeneMcParland@mastodon.ie
russia’s second-largest lender VTB is grappling with deepening financial strain amid a surge in loan defaults, including on credits issued to finance military production, Bloomberg reported, citing individuals familiar with the situation.
https://www.themoscowtimes.com/2025/08/11/russias-vtb-bank-faces-collapse-in-lending-income-as-war-pressures-mount-bloomberg-a90165