Cash Exodus: Russians Withdraw Billions as War-Funding Fears Grow
TL;DR
Russians pulled about $3.4 billion from banks in the first two weeks of August, on top of $11.8 billion in June–July, as fears mount that Putin could seize funds to finance the war; fresh data show more than $9.4 billion left Russia in Q2 2026, worsening liquidity for banks and complicating government borrowing as Kyiv pressures infrastructure and industry.
- Putin Hit With Humiliating New Crisis as Russians Pull Billions From Banks Yahoo Finance UK
- Russians pull billions from banks, fearing Kremlin will seize deposits for war The Washington Post
- Russians pull billions from banks fearing Kremlin will seize savings for war Euronews.com
- Russians withdraw billions from banks amid fears Putin could seize deposits The Telegraph
- Panicked Russians mount run on banks as Ukraine ramps up drone attacks afr.com
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