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Ukraine strikes Sberbank as Russia's Central Bank pumps in 6 trillion rubles
Original: Ukraine hits Sberbank. Will banks survive? The Central Bank is handing them out 6 trillion rubles...
Ukraine has carried out a strike targeting Sberbank, Russia's largest state-owned lender, according to Russian-language commentary now circulating widely. The attack has raised questions about whether Russian banks can withstand continued Ukrainian strikes on financial infrastructure, with claims that the Central Bank of Russia is providing roughly 6 trillion rubles in support to keep the banking system liquid. Observers are debating the resilience of Russia's financial sector under wartime pressure.
Why now: A reported Ukrainian strike on Russia's biggest bank, combined with talk of massive Central Bank support, has sparked concern about the stability of Russia's banking system.
SberbankCentral Bank of RussiaUkraineRussia
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