[3] Beginning in early October 2008, several Russian banks failed due to liquidity issues related to US credit derivatives.
It is not ruled out that in case a bank is warned, a mala fide owner or managers could divert assets, making settlements with the closest clients, so a rank and file depositor will finally receive much less money".
[8] In March 2014, amidst the annexation of Crimea by the Russian Federation, U.S. President Barack Obama announced sanctions on Rossiya Bank.
International payment systems Visa Inc. and MasterCard suddenly stopped service of credit cards issued by the Rossiya Bank.
[9] Many Russian residents turned to national banks operations although they still have no doubt in reliability of foreign transnational financial institutions.