Russian banks' credit rating may get under pressure: S&P

Source: Reuters
© Scanpix/RS
Credit ratings of banks in the Russian Federation may come under a modest pressure as an economic slow-down is expected to hit the country amid sanctions put on the country as it invaded the Ukraine's Crimea, a report release by Standard & Poor's showed today. The rating agency said that the pressure may get intense if the geopolitical tension will continue.

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