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Liva & Laia : 15th November

Russia banks NPLs growth may stop by H2 2010

Source: Reuters - Wed 9th Dec 2009

The share of bad loans in Russian banks' portfolios may stop growing by the second half of next year, Standard & Poor's ratings agency said on Wednesday.

"We are talking about a stabilisation, of reaching a certain plateau on problem loans" S&P credit analyst Ekaterina Trofimova told a conference.