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Citibank to Close Russian Branch - Oj

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Summary
Nutrition label

75% Informative

Starting November 15 , the Russian branch of Citibank will shut down its last remaining retail banking branch.

Citigroup planned to sell its retail business in Russia as early as 2021 , and after the invasion of Ukraine , decided to effectively close it.

The presence of Western banks in Russia is now comparable to the late Soviet Union: in the late 1980s , their assets were valued at $40 billion .

VR Score

80

Informative language

83

Neutral language

4

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

Source diversity

1

Affiliate links

no affiliate links