Behind official reports of economic resilience, Russia is reportedly facing a deep financial crisis, with a severe banking system collapse looming, and the government resorting to pension funds, according to a secret European intelligence report.

A European intelligence report warns that the ongoing war poses a significant threat of a banking crisis in Russia.

A European intelligence report indicates that half a million Russians have gone bankrupt amid the Ukraine war, raising concerns about strain on Russia's banks, though experts believe a full-blown crisis is unlikely.

A European intelligence report indicates that Russia's banking sector is in an increasingly critical situation. This is attributed to non-performing loans and the potential for new sanctions stemming from the ongoing war.