Amid the Russia-Ukraine war, there was a run on the bank's European arm with the ECB also noting that there were "significant deposit outflows" linked to geopolitical tensions. This is the kind of issue that is a bit worrying for European banks in general as they do have strong ties with Russia but for now, the financial fallout seems manageable.
Russia's biggest lender, Sberbank, leaves European market
- Sberbank says it will not be able to supply liquidity to European units
Top Brokers
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
