Ukrainian Credit Union Liaison Discusses Impacts of the Russian Invasion on Episode 11 of The Global Credit Union Podcast2022-03-17
A liaison to Ukraine's credit union movement says there is a presumption that some individual credit unions have been severely damaged or destroyed by Russia's armed forces on Episode 11 of the Global Credit Union Podcast.
World Council of Credit Unions is calling the liaison "Aleksandr." That is not his real name. We chose to hide his identity for his safety, but the stories he shares about the devastating impacts of the Russian invasion of his country are very real.
Aleksandr discusses what life is like for credit union employees and their members in Russian-occupied areas of the country, where there is a lack of food, water, communications, electricity and heat. He also talks about what the country’s credit union associations and regulators are doing to make it easier for those credit unions that are still operational, and what the country might need to get all their credit unions back up and running once this conflict is over.
Listen to Episode 11 of the Global Credit Union Podcast here.