Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too

Fortune - August 23, 2026

Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too

The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war.

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