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BANK RUN FULL FRONTAL: UKRAINIANS WITHDREW 7% OF ALL DEPOSITS IN TWO DAYS
END TIME NEWS, A CALL FOR REPENTANCE, YESHUA THE ONLY WAY TO HEAVEN :: CHRISTIANS FOR YESHUA (JESUS) :: RECESSION, ECONOMIC CRISIS, FINANCIAL MELTDOWNS, MONEY WOES
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BANK RUN FULL FRONTAL: UKRAINIANS WITHDREW 7% OF ALL DEPOSITS IN TWO DAYS
Bank Run Full Frontal: Ukrainians Withdrew 7% Of All Deposits In Two Days
Submitted by Tyler Durden on 02/25/2014 12:33 -0500
Bank Run
Ukraine
Well that escalated quickly. It seems the ouster of Yanukovych, heralded by so many in the West as a positive, has done nothing to quell the fear of further economic collapse in Ukraine:
*UKRAINIANS WITHDREW AS MUCH AS 7% OF DEPOSITS FEB. 18-20: KUBIV
*DEPOSIT WITHDRAWALS STILL HIGH IN THE EAST, KUBIV SAYS
This is around a 30 billion Hyrvnia loss (over $3 billion) in just 2 days for the banks and the new central bank chief is considering "stabilizing loans" to help banks deal with the liquidity crisis (though Ukraine's reserves stand at a mere $15 billion).
Reserves are in freefall... and will only get worse if the bank run continues...
Submitted by Tyler Durden on 02/25/2014 12:33 -0500
Bank Run
Ukraine
Well that escalated quickly. It seems the ouster of Yanukovych, heralded by so many in the West as a positive, has done nothing to quell the fear of further economic collapse in Ukraine:
*UKRAINIANS WITHDREW AS MUCH AS 7% OF DEPOSITS FEB. 18-20: KUBIV
*DEPOSIT WITHDRAWALS STILL HIGH IN THE EAST, KUBIV SAYS
This is around a 30 billion Hyrvnia loss (over $3 billion) in just 2 days for the banks and the new central bank chief is considering "stabilizing loans" to help banks deal with the liquidity crisis (though Ukraine's reserves stand at a mere $15 billion).
Reserves are in freefall... and will only get worse if the bank run continues...
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