"In 2014, there were 923 commercial lenders in Russia. Last...

"In 2014, there were 923 commercial lenders in Russia.

Last year, some 370 remained in business. RCB data shows over 600 private banks have lost their licenses under Nabiullina’s tenure.

Read this very carefully:

“Nabiullina has completely destroyed the private banking system of the Russian Federation. Due to her activities, it collapsed into one big state banking system, controlled by Nabiullina herself and her people. She has been performing her activities since 2013, consistently closing private banks”, a financial sector source said in Moscow.

Interesting, wouldn’t you say? And given the fact that Nabiullina is Putin’s chosen, who served as his previous personal economic advisor, we can only surmise that this was a Putin operation through and through, to destroy the Western banking cartel influence over Russia and centralize Russian banking under the state, as it should be. The article even mentions how Putin “personally approved” of one of the big stated bank sales, lending credence to this angle, and also support to the idea that Putin was supervising Nabiullina’s hatchet job on the Western-owned-and-invested financial industry.