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Belarusian Investigative Center
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- 1Belarusian SB bank accused of turning savings into confiscation●“Seize the private savings of EU citizens.” How SB turned voluntary investments into the confiscation of savings
The Belarusian Investigative Center reports that SB Bank, which marketed voluntary investment products to Belarusians, has effectively converted citizens' private savings into confiscation, with the outlet framing this as a model of "seizing the private savings" of people. The report alleges that money deposited as investments has not been returned to customers as promised, prompting accusations that the bank acted with state backing.