The Central Bank said Monday that it viewed credit risks and the possibility of an equity market bubble as the main threats to the economy.
Delinquent loans at the country’s lenders, not including Sberbank, stood at 5.4 percent of the total as of Jan. 1, said Alexei Simanovsky, who heads the Central Bank’s financial regulation division. Bad debt probably won’t rise by the end of June, he said.
“The overall trend is toward a decline in bad loans,” Simanovsky said.
(Bloomberg)
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