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Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too

▶ Fortune Aug 23, 2026 2h ago 👁 1 views
Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too
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The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war. The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war. Read the full story on Fortune via the link below.
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