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Portugal’s largest state bank begins mass closure of Russian accounts

Portugal’s largest state-owned bank, Caixa Geral de Depositos, has begun notifying Russian clients that their accounts will be closed effective Aug. 14, 2026, independent Russian media outlet Mediazona reported on June 15.

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Portugal’s largest state-owned bank, Caixa Geral de Depositos, has begun notifying Russian clients that their accounts will be closed effective Aug. 14, 2026, independent Russian media outlet Mediazona reported on June 15.

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