"We're trying not to go crazy." Will Russians get back the money stuck in the bankrupt Serbian bank Alta?
At the end of last month, thousands of Russians living in Serbia lost access to their accounts at the local bank Alta - the Serbian regulator revoked its license. This bank remained one of the few that easily opened accounts for citizens of the Russian Federation. Some are promised a refund under the deposit insurance system, but some people kept more than the insured amount in Alta. The BBC spoke to some of them, as well as Serbian experts, to understand the chances of investors getting their money back.
"We're trying not to go crazy." Will Russians get back the money stuck in the bankrupt Serbian bank Alta?
At the end of last month, thousands of Russians living in Serbia lost access to their accounts at the local bank Alta - the Serbian regulator revoked its license. This bank remained one of the few that easily opened accounts for citizens of the Russian Federation. Some are promised a refund under the deposit insurance system, but some people kept more than the insured amount in Alta. The BBC spoke to some of them, as well as Serbian experts, to understand the chances of investors getting their money back.
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