A senior executive at Sberbank, Russia's largest retail bank, warned that withdrawals for all of 2026 could approach twice the amount withdrawn during that first year of the war.
  • hairyfeet@lemmy.ml
    2·
    6 hours ago

    It’s not a surprise when their card merchant systems don’t work after shutting down the network because Ukraine were using it to guide their drones.

    Russians still need to pay for things and they now need cash, this isn’t by itself a sign of a run on the banks.