▶youtube BusinessBanking first seen 4 d ago, last 36 min ago, peak #6

Ukraine strike on Sberbank raises questions for Russian banks

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, prompting questions about the resilience of Russia's banking system. Claims are circulating that the Russian Central Bank is providing banks with roughly 6 trillion rubles in support, fuelling debate over whether the sector can absorb the blow and what it means for depositors and the wider wartime economy.

Why now: A strike on Russia's largest bank, combined with reports of massive central bank support, is raising alarm about the stability of the Russian banking sector.

SberbankCentral Bank of RussiaUkraine

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