Leaving of foreign banks from Russian Federation: whether investors will lose money

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From Russian Federation foreign banks continue to leave. The country Citi already left, Home Credit and some other. UniCredit S. p. A, JOINT-STOCK COMPANY "RAYFFAYZENBANK" and OTP Bank Group are going to leave. That will be with deposits and credits Russians in these organizations, told interrogated RIAMO economists. There are two possible options of leaving of the western banks from Russian Federation, the analyst Youri Isaev explained. The first assumes the full termination activity. At such scenario the bank is going to cancel the license: returns all deposits, does not accept new means of the population, sells debts to other companies, closes contracts on...
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Youri Isaev
Last position: Vice-chairman, board member (Bank of Russia)
Khachaturyan Mikhail
Finance university, Financial university
Main activity:Science and education
182
UniCredit
Main activity:Finance
31
JSC Raiffeisenbank
Main activity:Finance
54
OTP Bank
Main activity:Finance
8
Deposit Insurance Agency
Main activity:Insurance
87