{"id":5622,"date":"2026-08-18T12:30:22","date_gmt":"2026-08-18T12:30:22","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=5622"},"modified":"2026-08-18T12:30:22","modified_gmt":"2026-08-18T12:30:22","slug":"putin-hit-with-humiliating-new-crisis-as-russians-pull-billions-from-banks","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=5622","title":{"rendered":"Putin Hit With Humiliating New Crisis as Russians Pull Billions From Banks"},"content":{"rendered":"<article>\n<p>Russians are pulling billions from their bank accounts over fears that Vladimir Putin could grab their money to fund his increasingly attritional war with Ukraine. <\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=5621\">Republican Gets Laughed at Over Take on Trump\u2019s Blonde Companion<\/a><\/p>\n<p>The tide of the war has turned lately, with a Ukrainian counter-offensive reaching deep inside Russia, targeting commerce and energy infrastructure. <\/p>\n<div>\n<p>Russians are watching on nervously, already sheepish because of a fuel crisis. Depositors have pulled out nearly $3.4 billion in just the first two weeks of August\u2014on top of a staggering $11.8 billion yanked in June and July.<\/p>\n<\/div>\n<p>According to Sberbank senior executive Taras Skvortsov, total capital flight this year could reach double the amount drained during the initial wave after the 2022 invasion.<\/p>\n<p>The relentless exodus is triggering severe liquidity shortages across a banking sector already teetering under mounting bad debts, forced to finance a state-directed, wartime lending spree to feed the Kremlin\u2019s military machine.<\/p>\n<p>\u201cDrones are flying. Things are burning down. Nervousness is growing. And people\u2019s everyday wisdom may be kicking in that they need to have cash under their pillow and not somewhere in banks where it may never be returned,\u201d a former finance official told the Washington Post. <\/p>\n<p>\u201cFor some banks this really is a problem. They didn\u2019t expect this, and they invested all the cash elsewhere, and yet people are coming and taking out half a trillion rubles [$5.9 billion] a month.\u201d<\/p>\n<p>Big businesses are squeamish, too. Fresh Central Bank figures reveal a staggering capital outflow, with more than $9.4 billion transferred out of Russia in the second quarter of 2026 alone.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=5619\">Trump Ballroom Goon\u2019s Secret Kremlin Talks Exposed<\/a><\/p>\n<p>The exodus is making it much harder for the Russian government to borrow money to fund its war. Russia\u2019s Finance Ministry relies heavily on selling state bonds to cover a growing budget deficit caused by sky-high military spending and a stalling economy, but last month it was forced to cancel planned bond sales altogether because the cash simply wasn\u2019t there.<\/p>\n<p>A war of attrition would mean an increasingly unstable strain on the Russian economy. <\/p>\n<p>\u201cIf the government needs cash, Putin will just do a grab for assets. He doesn\u2019t care,\u201d an associate of one Russian billionaire told the Post. \u201cAnd that\u2019s where I think it\u2019s heading.\u201d<\/p>\n<p>The former finance official agreed that a pervasive feeling in Russia is \u201cthat political power is becoming not quite as stable.\u201d<\/p>\n<p>The problem for Putin is compounded by Ukrainian strikes on big business. Ukraine launched an armada of drones at Russia on Sunday that set fire to yet another Wildberries facility and killed six people.<\/p>\n<p>Referred to as Russia\u2019s equivalent to U.S. e-commerce giant Amazon, Wildberries has become a consistent target of Kyiv and is thought to have now had billions of dollars worth of merchandise destroyed in drone strikes across the country.<\/p>\n<div>\n<p>Ukraine has hammered more than 20 Wildberries warehouses since launching its strike campaign against the company\u2019s facilities on July 18.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=5617\">Hegseth Plots Jaw-Droppingly Ambitious Move That Would Anger Trump<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Russians are pulling billions from their bank accounts over fears that Vladimir Putin could grab their money to fund his increasingly attritional war with Ukraine. Read more Republican Gets Laughed at Over Take on Trump\u2019s Blonde Companion The tide of the war has turned lately, with a Ukrainian counter-offensive reaching deep inside Russia, targeting commerce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5395,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Putin Hit With Humiliating New Crisis as Russians Pull Billions From Banks - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=5622\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Putin Hit With Humiliating New Crisis as Russians Pull Billions From Banks - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"Russians are pulling billions from their bank accounts over fears that Vladimir Putin could grab their money to fund his increasingly attritional war with Ukraine. 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