Russia Depositor Compensation Heads for Record in Bank Purge

  • Expert RA says bank cull won’t stop until economy grows 3%
  • Regulator has shut down 30% of Russian banks under Nabiullina

Russian payouts to depositors of failed lenders may reach a record this year as an unprecedented bank purge isn’t letting up, according to the country’s ratings company Expert RA.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.