Friday, February 21, 2014 8:20:01 AM
Bank Runs Begin In Ukraine As Russia's Largest Bank Halts Lending
Submitted by Tyler Durden on 02/21/2014 08:14 -0500
http://www.zerohedge.com/news/2014-02-21/bank-runs-begin-ukraine-russia-largst-bank-halts-lending
Six months ago a "glitch" halted all ATM withdrawals, and Credit and Debit card transactions for Russia's largest bank but today, the CEO of the huge bank has no such "glitch" to blame:
http://www.zerohedge.com/news/rbs-glitch-goes-airborne-biggest-russian-bank-halts-all-credit-debit-card-operations
*SBERBANK SEES RUN ON ITS BANK MACHINES IN UKRAINE, GREF SAYS
*UKRAINE SITUATION IS PRESSURING RUBLE: SBERBANK CEO GREF
*SBERBANK HALTS LENDING IN UKRAINE, GREF SAYS
We suspect that whether an agreement is in place or not, this will continue.
Submitted by Tyler Durden on 02/21/2014 08:14 -0500
http://www.zerohedge.com/news/2014-02-21/bank-runs-begin-ukraine-russia-largst-bank-halts-lending
Six months ago a "glitch" halted all ATM withdrawals, and Credit and Debit card transactions for Russia's largest bank but today, the CEO of the huge bank has no such "glitch" to blame:
http://www.zerohedge.com/news/rbs-glitch-goes-airborne-biggest-russian-bank-halts-all-credit-debit-card-operations
*SBERBANK SEES RUN ON ITS BANK MACHINES IN UKRAINE, GREF SAYS
*UKRAINE SITUATION IS PRESSURING RUBLE: SBERBANK CEO GREF
*SBERBANK HALTS LENDING IN UKRAINE, GREF SAYS
We suspect that whether an agreement is in place or not, this will continue.
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