Cnbc Russia Authorizes Banks to Shoot Down Ukrainian Drones Amid Ongoing Conflict
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- •Russia's new law allows banks to independently defend against drone attacks.
- •Sberbank and other financial institutions can now arm staff for drone defense.
- •International condemnation has increased over Russia's threats to embassies in Kyiv.
On May 27, 2026, Russia's parliament passed a law allowing its central bank and financial institutions to defend against Ukrainian drone attacks. This law enables banks like Sberbank to arm staff and operate drone defense systems independently. The move comes as Ukraine intensifies its drone strikes, targeting Russian infrastructure and military assets. The legislation allows for the use of jamming and direct engagement to thwart drone attacks. Russia's government has urged foreign diplomats to evacuate Kyiv as it prepares for systematic strikes on the city. International condemnation has followed, with nearly 50 countries denouncing threats to diplomatic institutions in Ukraine. The Czech Republic continues to support Ukraine with ammunition supplies, delivering millions of rounds in 2026. The situation remains tense as both sides deny targeting civilian infrastructure.
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