SocietyRussians in Serbia organize mutual aid after Alta Bank collapse freezes savings and salaries
After Serbia’s central bank revoked Alta Bank’s license, many customers lost access to their savings, salaries and money for monthly expenses. Authorities have promised to repay up to 50,000 euros in deposits once bankruptcy proceedings begin. Russian-speaking communities have organized aid drives, while prosecutors investigate the collapse and suspicious transfers made in the bank’s final days.
Russians in Serbia organize mutual aid after Alta Bank collapse freezes savings and salaries