Russia is suffering from a slow-motion bank run as the Kremlin scavenges for war funding—and it may start seizing recruits for the military too | Fortune0

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• August 24, 2026

A financial crisis that has long been predicted by Russia experts and Kremlin insiders appears to have finally arrived as banks see depositors scramble to pull out their money amid fears it may be seized. In the first half of August, Russians withdrew $3.4 billion (286.4 billion rubles), according to central bank data cited by