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The report estimates that 10% of corporate loans are doubtful, a sharp increase from 2024, while some major banks reported retail non-performing loan ratios as high as 15% in 2025.
The situation appears to be even worse when we consider that loans to the private sector sharply sharply increased in Russia since the full-scale invasion in 2022 and have now reached a new peak.
I am no native English speaker, but to me this reads as the war is threatening the crisis (though i know what they mean). Am i wrong or did reuters not care enough?
You are correct. It is badly worded


