Russians pull billions from banks, fearing Kremlin will seize deposits for war

🇷🇺 Washington Post World (RU) —

AI Summary

Russians are withdrawing billions of rubles from banks due to fears that the Kremlin may seize deposits to finance the war in Ukraine. This mass withdrawal is causing liquidity problems in Russian banks and undermining government bond issuance efforts.

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

World Security Politics Markets Russia bank withdrawals Kremlin war financing Ukraine conflict liquidity problems government bonds

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