Russian Banks Back Hard-Hit Businesses Amid Drone Strikes
The central bank said lenders should restructure loans and avoid penalties for small businesses after strikes destroyed storage capacity and left merchants with heavy losses.
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9 Articles
After drone attacks on important Russian infrastructure, many small and medium-sized enterprises have problems. The Russian Central Bank calls on other lenders to relieve the burden on companies.
Russia’s central bank urges banks to ease terms for businesses hit by Ukrainian drone strikes it calls ‘terrorist attacks’
Russia’s central bank has recommended that lenders support small and medium-sized businesses hit by what it called “terrorist attacks,” a reference to Ukrainian drone strikes on warehouses and logistics centers.
Russian Central Bank Urges Lenders to Support Businesses Impacted by Wildberries Warehouse Attacks
Russia's Central Bank has advised creditors to offer loan relief to businesses impacted by ongoing Ukrainian drone strikes against Wildberries logistics facilities, according to a letter published by the regulator on Monday.
Bank of Russia Urges Lenders Aid Firms Hurt by Warehouse Strikes
Ukrainian drones continue their systematic attacks on the warehouses of the online marketplace Wildberries. On Friday morning, attack drones started a fire in Yekaterinburg, two thousand kilometers from the border with Ukraine. Satellite images from Planet Labs and the European Copernicus agency show that the Russian equivalent of Amazon has lost a fifth of its storage capacity and a huge amount of goods in the past month after dozens of attacks…
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