🚨 Russian microfinance organizations sharply increased their debt sales to collectors, totaling 43 billion rubles from April to June. This is 1.5 times more than the previous quarter and 33% higher than last year, marking a two-year high. The discount rate reached 80%, with collectors paying about 20 kopecks per ruble of debt, amid rising non-performing loans over 90 days from 29% to 35%. Read more on Izvestia
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