Wireva

Russia faces slow-motion bank run as war funding strains finances

Russian banks are losing deposits at a pace that could nearly double the 2022 outflow, as the Kremlin's war spending depletes state funds and raises fears of asset seizures.

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Russian banks are losing deposits at a pace that could nearly double the 2022 outflow, as the Kremlin's war spending depletes state funds and raises fears of asset seizures.

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