Reuters: European assessment of Russian banking crisis

Reuters: An assessment by a European intelligence body indicates that Russia will face an "explosive" banking crisis / Russian banks are bearing an increasingly heavy burden of financing the wartime economy, which makes them increasingly vulnerable to new European Union sanctions / More than 500,000 Russian citizens declared bankruptcy last year

• Russian banks are bearing an increasingly heavy burden of financing the wartime economy
• This makes them increasingly vulnerable to new European Union sanctions
• More than 500,000 Russian citizens declared bankruptcy last year. The assessment suggests Russia faces an "explosive" banking crisis ahead