Russia Arms Banks Against Drones: A New Era of Financial Security

In response to ongoing drone attacks, Russia has passed a law allowing its central bank and other financial institutions to operate their own defense systems and arm staff. This follows a missile strike on the central bank's office in Crimea, reportedly using a British-made missile. Russian institutions will fund these defense efforts independently.


Devdiscourse News Desk | (Adds Details On Attack In Sevastopol) May 27 (Reuters) - Russia Has ​Passed A Law Allowing Its Central ​Bank And Other Financial Institutions ‌To ​Operate Their Own Defence Systems And Arm Staff To Repel Drone Attacks | Updated: 27-05-2026 15:53 IST | Created: 27-05-2026 15:53 IST
Russia Arms Banks Against Drones: A New Era of Financial Security
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Russia has enacted legislation enabling its central bank and financial institutions to develop and operate their defense systems, including arming staff, to counter drone attacks. This move is a direct response to a recent strike on the central bank's office in Crimea.

The attack, which local authorities claim involved a British-made missile, highlights the increasing frequency of drone strikes on Russian infrastructure since the conflict with Ukraine began. The financial sector will bear the cost of these defense systems to safeguard their establishments.

It marks the first assault on a significant central bank office since tensions escalated. While no major attacks have targeted Sberbank, Russia's financial sector is mobilizing resources, with business leaders pledging to fund more robust weapons and electronic systems for infrastructure protection.

(With inputs from agencies.)

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