LBCI

Kremlin: No risk to Russia from failure of SVB bank in US

World

14-03-2023 | 08:06

Share

Share

Kremlin: No risk to Russia from failure of SVB bank in US

There is no risk to Russia from the failure of Silicon Valley Bank (SVB) in the United States because it is largely cut off from the Western financial system, the Kremlin said on Tuesday.

Asked whether Russia faced risks from the fallout of SVB's collapse, which has slammed financial markets in the United States, Europe and Asia, Kremlin spokesman Dmitry Peskov said: "There are practically none right now."

He added: "Our banking system has certain connections with some segments of the international financial system, but it is mostly under illegal restrictions" - a reference to Western sanctions on Russia's economy and most of its leading banks.

"We are, to a certain extent, insured against the negative impact of the crisis that is currently unfolding overseas," Peskov told reporters.

Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis, in a collapse that has roiled global markets.

Reuters

Kremlin

Russia

Failure

SVB

Bank

US

Markets

Risk

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israeli military accuses Lebanese army of failing to dismantle Hezbollah weapons site in southern Lebanon

03:17

Israeli military accuses Lebanese army of failing to dismantle Hezbollah weapons site in southern Lebanon

Yemen's Houthis renew warning to airlines, travelers against using Saudi airports

Middle East News

2026-10-11

Yemen's Houthis renew warning to airlines, travelers against using Saudi airports

Lebanon says Israeli strike on Beirut hotel kills four

2026-03-08

Lebanon says Israeli strike on Beirut hotel kills four

President Aoun: Lebanese await return of Saudi visitors and resumption of Saudi flights to Lebanon

04:31

President Aoun: Lebanese await return of Saudi visitors and resumption of Saudi flights to Lebanon

Videos

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

News Bulletin Reports

2026-10-15

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

News Bulletin Reports

2026-10-09

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

News Bulletin Reports

2026-10-08

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Most read

24 hours

7 days

Month

Israeli military accuses Lebanese army of failing to dismantle Hezbollah weapons site in southern Lebanon

1

Israeli military accuses Lebanese army of failing to dismantle Hezbollah weapons site in southern Lebanon

President Aoun: Lebanese await return of Saudi visitors and resumption of Saudi flights to Lebanon

2

President Aoun: Lebanese await return of Saudi visitors and resumption of Saudi flights to Lebanon

Lebanon sees drop in fuel prices as gas prices rise

3

Lebanon sees drop in fuel prices as gas prices rise

Will Lebanon-Israel talks in Florida contain tensions before Israel's elections?

4

Will Lebanon-Israel talks in Florida contain tensions before Israel's elections?

Turkey troops to stay in Syria, Iraq 'until border security ensured', defense minister to AFP

5

Turkey troops to stay in Syria, Iraq 'until border security ensured', defense minister to AFP

Rubio says Trump 'frustrated' at accusations he harming Ukraine

6

Rubio says Trump 'frustrated' at accusations he harming Ukraine

Hegseth's secret meeting with Netanyahu in Israel fuels fears of renewed war with Iran

7

Hegseth's secret meeting with Netanyahu in Israel fuels fears of renewed war with Iran

UNIFIL: Mission continues operations as Security Council considers post-mission options

8

UNIFIL: Mission continues operations as Security Council considers post-mission options

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More