The stock market collapsed the day before.
The head of Lukoil, Vagit Alekperov, suffered the most from the Russian operation in Ukraine. This is reported by Forbes. Journalists have calculated exactly how much money Russian billionaires have lost.
So, on the eve of February 24, against the background of news about the special operation in Ukraine, the stock market in the Russian Federation collapsed.
By the end of Thursday, it collapsed by 33.28%. It was Alekperov who suffered the greatest losses – his fortune decreased by $ 3.8 billion, which is 15.4%.
Alexey Mordashov, the main beneficiary of Severstal, lost more than three billion dollars. Suleiman Kerimov’s fortune decreased by 18.2% or 2.6 billion rubles.
But in percentage terms, Oleg Tinkov, the head of TCS Group, suffered the most. He lost more than 52% of his fortune, which is $2 billion. Vladimir Potanin, the owner of Norilsk Nickel, missed 2.5 billion rubles.
Information about the huge losses of Russian oligarchs was also confirmed by Bloomberg.
Against this background, all Russian banks made a joint statement, including BEAC, VTB, Alfa-Bank, Otkritie. They turned to customers and stated that they ensure the smooth operation of the entire financial market.
All banks reported that they serve customers regularly, they urge them to pass this period calmly. Customers were assured that there are no restrictions on cash withdrawals at ATMs, branches, banks have enough liquidity.
“In the conditions of sanctions, we coordinate our activities and work together with the Central Bank to ensure uninterrupted and sustainable operation,” the banks’ appeal says.
Russians were asked to contact the hotlines of banks, branches or websites for official information.
As Topnews wrote earlier, experts have made their predictions about the consequences for Russian banks that have fallen under sanctions.
On the positive side, Europe has not yet disconnected Russia from the SWIFT system, there are no restrictive measures for Visa and Mastercard.