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Russian banks are closing their offices on a wholesale basis

According to the Central Bank of the Russian Federation, the number of operating offices of credit institutions in Russia has decreased over the past year.... ... offices decreased by only 10%. At the same time, the maximum number of closings fell on both capitals and the Moscow region. VTB has already announced the start of modernization of the regional chain, Gazprombank and Rosbank have also confirmed the closure of dozens of offices, reports Izvestia. However, credit institutions have also announced the opening of new branches....

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