EconomyRussians are pulling cash out of banks. How likely is the deposit freeze they fear?
A new wave of rumors about a possible freeze on bank deposits is unsettling Russians as cash withdrawals accelerate. Cash in circulation has risen by more than 10% in 2026, while banks’ liquidity shortfall has grown from 0.6 trillion to 2.6 trillion rubles. The trend could limit lending and government-debt purchases, but banks remain able to cover the gap through Central Bank transactions and their daily operations are not disrupted.
MMeduza★★★☆☆2026-08-24 21:41Original
Russians are pulling cash out of banks. How likely is the deposit freeze they fear?