I too was here in 1998, my opinion, which I would say most bankers would agree with here (at least in private) is that if you are not in one of the top 5-8 banks in the country there is very real risk. Many will fail or be consolidated when they can't refinance their short term debts in the next months. The real impact has not yet been felt here, there is no external financing available to this market at present, not many bankers are getting much sleep now. In a message dated 10/5/2008 11:59:53 A.M. Russian Daylight Time, [EMAIL PROTECTED] writes:
Is anyone worried about their Russian bank collapsing and your losing money? I was here in 1998 when about the only bank that didn't go out of business and stiff their clients was Bank of Austria which is now Unicredit. How would you rate the major banks for safety? **************New MapQuest Local shows what's happening at your destination. Dining, Movies, Events, News & more. Try it out! (http://local.mapquest.com/?ncid=emlcntnew00000001)
_______________________________________________ Expat mailing list [email protected] http://www.lists.ru/mailman/listinfo/expat http://www.expat.ru/forum/
