Savers Queue for Their Money in Russian Bank Panic free review A crisis of confidence in Russia's banking market spread today to one of Russia's largest banks as dozens of customers rushed to retrieve their savings only to find that they had to wait in Soviet-style queues and pay a 10% penalty.  Guta crisis fuels fears of more bank failures (http://business.timesonline.co.uk/article/0,,9063-1171999,00.html , The Times, UK (subscription)) Ruble Has Biggest Decline in Two Months Amid Concern About Russian Banks (http://quote.bloomberg.com/apps/news?pid=10000006&sid=auk2CQilFnto&refer=home , Bloomberg)   
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Savers Queue for Their Money in Russian Bank Panic

A crisis of confidence in Russia's banking market spread today to one of Russia's largest banks as dozens of customers rushed to retrieve their savings only to find that they had to wait in Soviet-style queues and pay a 10% penalty.

Updated Jul 8, 2004 17:07:07
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AuthorThe Scotsman
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Description:
Guta crisis fuels fears of more bank failures (http://business.timesonline.co.uk/article/0,,9063-1171999,00.html — The Times, UK (subscription))
Ruble Has Biggest Decline in Two Months Amid Concern About Russian Banks (http://quote.bloomberg.com/apps/news?pid=10000006&sid=auk2CQilFnto&refer=home — Bloomberg)

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