Ukraine's SVR: The Kremlin Is Hiding It

• 18.05.2026, 12:07

Ukrainian intelligence data.

The Russian banking system is showing signs of a systemic crisis, while, allegedly, the Russian authorities are still partially hiding its external manifestations. This is stated in the report of the pro-Kremlin Center for Macroeconomic Analysis and Short-Term Forecasting, which is referenced by the Foreign Intelligence Service of Ukraine.

According to the SVR, the share of troubled assets in Russian banks has exceeded 10%. It is noted that this level is considered by the International Monetary Fund as a critical threshold for the beginning of the banking crisis, and the indicator has remained above this value for the third month in a row.

Experts describe the situation as a "latent" crisis, as the deterioration of the sector, according to their estimates, is masked by the restructuring of problem loans and the high share of state-owned banks.

It is also pointed out that Russia's GDP growth has slowed to 0.4% over the past year, and the volume of overdue debts between companies for the first time exceeded 8 percent In addition, almost half of Russian companies report delays in payments as one of the key problems of doing business.