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Sberbank's Czech branches to stay closed on Monday-CTK

Sberbank opens additional reserve line for units in Belarus, Kazakhstan
Sberbank opens additional reserve line for units in Belarus, Kazakhstan   -   Copyright  Thomson Reuters 2022
By Reuters

PRAGUE – Russian bank Sberbank’s Czech unit will keep branches closed on Monday and card transactions and internet banking stopped, CTK news agency reported on Sunday, citing the bank as saying it saw an outflow of deposits in recent days.

The bank said deposits were insured, according to CTK. The bank could not be immediately reached for comment.

It had closed branches on Friday due to security concerns for staff.