Russian state-owned bank VTB has reported a growing share of overdue retail loans, the bank’s chief financial officer told journalists Tuesday. 

The proportion of non-performing loans (NPLs), those overdue by more than 90 days, in the bank’s portfolio climbed to 4% in May compared with 3.9% in April and 3.5% at the end of 2024. 

According to CFO

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The Kremlin has released an online bot campaign to validate the nation's steepest energy rate hikes in years, the exiled news outlet Agentsvo reported Tuesday.Citing data from Botnadzor, a guard dog project that tracks state-aligned bot activity, Agentsvo reported that Kremlin-affiliated accounts are responsible for almost one in 5 comments on
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A Russian Sukhoi Su-34 fighter-bomber crashed during a training flight in the Nizhny Novgorod region, the Interfax news company reported on Tuesday, pointing out the Defense Ministry.The aircraft was stated to have experienced mechanical failure with part of its landing equipment. In spite of efforts by the 2 pilots to repair the breakdown in flight, they were
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A Moscow court on Tuesday sentenced former Deputy Defense Minister Timur Ivanov to 13 years in prison on corruption charges.Ivanov, who had overseen military building and construction jobs considering that his 2016 consultation, was apprehended in April 2024. His case marked the start of a larger Kremlin-led crackdown on corruption within the Defense Ministry, which has
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Foreigners in Russia who have actually not yet sent biometric data to the authorities will start to have their smart phone service detached starting Tuesday, the Russian Digital Development Ministry revealed. While the constraints start on Tuesday, foreign residents who want to sign cellphone agreements have actually had to sign up with the Unified
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The Kremlin on Tuesday rejected accusations by U.S. special envoy Keith Kellogg that it is delaying the next round of peace talks with Ukraine as Russian forces continue to bomb civilian areas.

“No one is delaying anything here,” Kremlin spokesman Dmitry Peskov told reporters. “We’re interested in achieving our goals, which we are pursuing through t

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