https://www.live-feeds.com/feed/serbia-shuts-down-bank-favoured-by-russiansContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/serbia-shuts-down-bank-favoured-by-russianshttps://www.live-feeds.com/feed/serbia-shuts-down-bank-favoured-by-russians#u178271Thu, 05 Nov 2026 18:31:48 +0000Serbian authorities have shut down Alta Bank and detained its owner, Macura, on accusations of siphoning money. The bank's closure has frozen the savings of thousands of Russian emigrants and threatened the stability of Idea Market and its 7,000 employees. The fallout extends beyond Serbia, as the Alta Group now faces regulatory measures in Montenegro and North Macedonia. Additionally, Raiffeisen has canceled the sale of its Addiko units following the crackdown on the buyer.Why it mattersAlta Bank was a preferred institution for Russian nationals in Serbia. The owner is reportedly linked