this post was submitted on 05 Feb 2024
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Russian banks post record profits. Is war helping them? (kyivindependent.com)
submitted 8 months ago by [email protected] to c/[email protected]
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2022 heralded a new era for Russia’s banks. Increasingly isolated from the global economy and laden with heavy Western sanctions, the sector saw profits fall by 90 percent compared to 2021. For Russia’s technocrats, the future seemed dim. Then came 2023. Russia’s Central Bank announced last week

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[–] [email protected] 1 points 8 months ago

Lol Russia telling the truth would never happen.