February 28, 2022 BY Steffy Bogdanova

Austrian regulator imposes moratorium upon Sberbank Europe

Sberbank Europe issued a statement on the current situation: In the light of the latest geopolitical developments, several banks of Sberbank Europe Group registered significant outflow of client deposits within a very short time. In some subsidiary banks, this resulted in long waiting times in branches and partially in restricting the amount of daily cash…

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