GLOBEALERT
BUSINESSELEVATEDAug 19 · Aug 19, 2026, 10:10 AM

Russians pull billions from banks fearing Kremlin will seize savings for war

EuroNews [en]

Russia's central bank reported that billions of roubles have been withdrawn from banks each month, as Russians pull out cash amid fears of the Kremlin seizing their savings to fund the war in Ukraine amid a deteriorating economy.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business