How Ukraine's banks keep cash deliveries moving in war : The Indicator from Planet Money The Russian invasion meant Ukraine's central bank had to work to avoid financial collapse. We hear from an economist and a Ukrainian bank CEO about how they're keeping money moving.

How Ukraine kept banks afloat and money flowing

How Ukraine kept banks afloat and money flowing

  • Download
  • <iframe src="https://www.npr.org/player/embed/1090952156/1091171276" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
SERGEI SUPINSKY/AFP via Getty Images
(Photo by SERGEI SUPINSKY/AFP via Getty Images)
SERGEI SUPINSKY/AFP via Getty Images

Russia's invasion has caused untold damage to lives, buildings, and roads. It also threatened to destroy Ukraine's banking system.

But a month into the war, Ukrainians in most of the country can still put their money in savings accounts, pay their telephone bills, and withdraw cash easily.

Today, we speak to the CEO of Ukraine's second-largest bank to learn how the country's banks are continuing essential business in the wake of devastation on the homefront.

Further reading:

Yevhenii Skok and Oliver de Groot – War in Ukraine: The financial defence