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. Last Updated: 07/27/2016

Moody's Sees Bad Loans Peak

Russian banks' bad loans will reach a peak in the second half of this year and "gradually" decline in 2011, Moody's Investors Service said Wednesday.

The share of bad credit, including restructured loans, is set to reach between 20 percent and 25 percent this year, Moody's analyst Eugene Tarzimanov said in an e-mailed presentation.

"The situation with liquidity at most banks will remain stable throughout 2010," he said. "Improvements in the operating environment have become apparent."

(Bloomberg)