Russia prepares banking system of occupied Donbas for integration

"The integration of the banking system has reached a decisive stage as evidenced by our insiders from the occupied territories and the findings made when analyzing the open sources," reads the report published on the community’s website on Wednesday.

According to InformNapalm, the so-called "Central Republican Bank of the Donetsk People’s Republic" ("CRB of the DPR") announced the transition to a new settlement plan. The transfer to new settlements and individuals began on August 19.

As noted in the report, the users of social networks were informed on August 20 about SMS service through which they were notified of the announced changes in accounts.

In addition, the announcement dated August 15 appeared on the website of the terrorist organization "DPR" saying that the "Central Bank of the DPR" introduces a new software package from September 2019, which will include transition to a new chart of accounts and launch of new “Client-Bank” system. It was also noted that "the measures are taken to transfer the Donetsk People's Republic and the Central Republican Bank, in particular, to new accounting standards, new chart of accounts synchronized with the laws of the Russian Federation, and new treasury system."

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