Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Russians Pull Billions From Banks, Fearing Kremlin Will Seize Deposits for War

Russians are withdrawing billions, causing liquidity problems for banks and undermining the Kremlin’s ability to issue bonds to finance the fight in Ukraine.

3 Articles

Lean Left

Over the past few months, the volume of transfers to foreign brokers has reached unprecedented levels. Russians have begun actively withdrawing their savings abroad and buying up foreign currency amid sanctions and expectations of new restrictions from the Kremlin, according to RBC-Ukraine, citing the Foreign Intelligence Service of Ukraine. Russians have sharply increased money transfers to foreign brokers' accounts, attempting to withdraw some…

Fighting against the regime in the Russian Federation and mobilizations, Russians have grown pennies into foreign brokers. The stench is also stingy in currency, according to the Ukrainian Call Development Service (NWRU). With this rank, the stench helps to vivesti capital from the country to the point where it is impossible. “Since December 2024, 600 billion rubles were transferred to non-resident brokers until the first day of the household. T…

·Kyiv, Ukraine
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

rbc.ua broke the news on Sunday, August 16, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal