Bank of Russia assures banking system is stable
Bank of Russia stated on Sunday that it “has the necessary resources and tools to maintain financial stability and ensure the operational continuity of the financial sector” as Western allies agreed to remove some Russian banks from the SWIFT global banking system.
“The Russian banking system is stable, has sufficient capital and liquidity to function smoothly in any situation. All customer funds on the accounts are saved and available at any time,” the bank’s press service assured. “Banking services are provided as usual. Bank cards of all banks in Russia also continue to work normally.”
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