(MAXIM ZMEYEV/AFP/Getty Images)
State Capitalism
Russia’s Great Bank Takeover

For the past year, the Central Bank of Russia has been systematically destroying the country’s private banks, consolidating immense financial power in the hands of the Kremlin.

Published on: January 12, 2018
Karina Orlova is staff writer for The American Interest and Washington correspondent for Echo of Moscow radio.
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