We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Matryoshka banking

16 November 2015 By Dominic Elliott

Sanctions have vaporised 80 local banks this year, with sturdier players mopping up deposits. Big lenders aren’t immune to sketchy liquidity, capital and loan books. But the Kremlin looks supportive, and the strong will only get stronger if Russia and the West can see eye-to-eye.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)