Russian banks are being accused of intimidation in their desperate quest to get loans repaid. Financial institutions were once free-and-easy with doling out loans when the going was good, but it has since come back to haunt them as bad loans have racked up as a result of the crisis, sending many to the brink of collapse.
i wonder if the robber barons have stake in russian banking industry
fostereric 2 years ago
Cases like this will increase no doubt, but it would have been avoided had Russia brought reforms and the rule of law to the banking system when times were good.
abarzilai664 2 years ago