Russian Bank Halts All Cash Withdrawals

Posted by Bloomberg News

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Bloomberg reports that ‘My Bank’ – one of Russia’s top 200 lenders by assets – has introduced a complete ban on cash withdrawals until next week.

Via Bloomberg,

 

 

Lender has introduced complete ban on cash withdrawals until end of week, news agency reports, citing unidentified person in call center.

Bank spokeswoman declined to comment by phone

My Bank is top 200 lender by assets: Prime

NOTE: Central bank has revoked about 30 banking licenses since July 1 when Elvira Nabiullina succeeded Sergei Ignatiev as governor, compared with three in the firt half of the year