Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Putin says Russian army has surrounded Ukrainian city of Pokrovsk
    Finance

    Putin Says Russian Army Has Surrounded Ukrainian City of Pokrovsk

    Published by Global Banking & Finance Review®

    Posted on November 27, 2025

    3 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    Featured image depicting the MeridianLink logo, highlighting the company's acquisition by Centerbridge Partners for $2 billion. This deal signifies a growing trend in private equity buyouts within the finance sector.
    MeridianLink financial software firm announcement of $2 billion acquisition by Centerbridge - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Presidentfinancial crisiseconomic growthinternational organizationsforeign currency

    Quick Summary

    Russian forces claim 70% control of Pokrovsk. Ukraine resists fiercely. Both sides report conflicting battlefield outcomes.

    Putin Claims Russian Forces Encircle Ukrainian City Pokrovsk

    By Andrew Osborn and Gleb Stolyarov

    MOSCOW (Reuters) -Russian forces have surrounded the embattled Ukrainian city of Pokrovsk and control 70% of it, President Vladimir Putin said on Thursday, but Kyiv's top general said Ukraine was pushing back hard and that fighting was raging in the city centre.

    Moscow has been trying to take full control of Pokrovsk, which Russians call by its Soviet-era name of Krasnoarmeysk, since mid-2024 as part of its push to take the whole of the wider Donbas industrial region.

    Instead of mounting a full frontal assault on the city, which used to be home to over 60,000 people and be an important logistics hub for the Ukrainian military, Russian forces have used a pincer movement to seek to steadily encircle it while initially infiltrating in small and then larger assault groups.

    Moscow says taking Pokrovsk, dubbed "the gateway to Donetsk" by Russian media, would give it a platform to drive north towards the two biggest remaining Ukrainian-controlled cities in the Donetsk region - Kramatorsk and Sloviansk.

    Pressure on the city comes at a time when the United States is trying to broker a possible peace plan to end the deadliest European conflict since World War Two with both sides eager to show they have the upper hand on the battlefield.

    Speaking at a news conference in Kyrgyzstan on Thursday, Putin said that Ukrainian forces in Pokrovsk and the neighbouring town of Myrnohrad, which Russians calls Dimitrov, were in deep trouble and that Ukraine might face a collapse of its frontline in certain places.

    "Krasnoarmeysk (Pokrovsk) and Dimitrov (Myrnohrad) are completely surrounded," Putin told reporters, saying that some of Kyiv's most combat-ready troops were being destroyed in the process.

    "Seventy percent of Krasnoarmeysk's territory is in the hands of the Russian armed forces. In the south of the city of Dimitrov, the enemy group has been cut off. It is scattered throughout the city. And our troops are moving onto its systematic destruction," said Putin.

    The Russian Defence Ministry said earlier on Thursday that its assault units were advancing in central and northern Pokrovsk and that its forces had advanced to the east, west and south of Myrnohrad.

    Oleksandr Syrskyi, Ukraine's top commander, painted a different picture however, and said on social media that Ukrainian troops had been blocking attempts by Russian forces to stage new assaults on Pokrovsk and Myrnohrad.

    Syrskyi said that Russia had been forced to bring reserves forces into the area.

    Ukraine's Operational Task Force "East" said separately that its troops had also been staging raids south of Pokrovsk's train station and that fighting was raging in the city centre.

    Reuters could not independently verify the contrasting battlefield claims and maps from both sides contradicted each other too.

    Russian maps show Pokrovsk under Moscow's control and Ukrainian troops encircled in neighbouring Myrnohrad. Ukrainian maps show Pokrovsk as a grey zone under no side's control and Myrnohrad as not being fully surrounded.

    (Reporting by Reuters Moscow buro and Kyiv buro; editing by Guy Faulconbridge)

    Key Takeaways

    • •Russian forces claim control over 70% of Pokrovsk.
    • •Ukraine's top general reports ongoing resistance.
    • •Pokrovsk is strategically important for Russian advances.
    • •Contradictory battlefield claims from both sides.
    • •US seeks to broker peace amid escalating conflict.

    Frequently Asked Questions about Putin says Russian army has surrounded Ukrainian city of Pokrovsk

    1What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to a loss of confidence among investors and stakeholders, often resulting in economic downturns.

    2
    What is economic growth?

    Economic growth refers to an increase in the production of goods and services in an economy over a specific period, typically measured by the rise in Gross Domestic Product (GDP).

    3What is foreign currency?

    Foreign currency is any currency that is not the domestic currency of a particular country. It is used in international trade and investment, allowing for transactions across different countries.

    4What are international organizations?

    International organizations are entities established by multiple countries to promote cooperation and coordination on various issues, including economic development, peacekeeping, and humanitarian aid.

    5What is a central bank?

    A central bank is a national financial institution that manages a country's currency, money supply, and interest rates, often overseeing the banking system and implementing monetary policy.

    More from Finance

    Explore more articles in the Finance category

    Image for Exclusive-At least 40% of Russia's oil export capacity halted, Reuters calculations show
    Exclusive-At Least 40% of Russia's Oil Export Capacity Halted, Reuters Calculations Show
    Image for Hungary's opposition Tisza party widens lead over Orban's Fidesz, poll says
    Hungary's Opposition Tisza Party Widens Lead Over Orban's Fidesz, Poll Says
    Image for Germany's Merz says public finances cannot offset all price rises from Iran war
    Germany's Merz Says Public Finances Cannot Offset All Price Rises From Iran War
    Image for Brazil unveils first supersonic fighter jet assembled in country
    Brazil Unveils First Supersonic Fighter Jet Assembled in Country
    Image for Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls
    Netanyahu Seeks to Avoid Snap Vote as Iran War Gives No Boost in Polls
    Image for Volkswagen's Skoda brand to end China sales this year
    Volkswagen's Skoda Brand to End China Sales This Year
    Image for Climate investors give BP until April 1 to include resolution, threaten court
    Climate Investors Give Bp Until April 1 to Include Resolution, Threaten Court
    Image for Lille to host EU customs authority charged with fixing e-commerce parcel problems
    Lille to Host EU Customs Authority Charged With Fixing E-Commerce Parcel Problems
    Image for Russia evacuates 163 more staff from Iran's Bushehr nuclear plant, 300 remain
    Russia Evacuates 163 More Staff From Iran's Bushehr Nuclear Plant, 300 Remain
    Image for Hungary's Orban faces pivotal battle against ally-turned-foe
    Hungary's Orban Faces Pivotal Battle Against Ally-Turned-Foe
    Image for German finance minister sets out sweeping reform plans to boost growth
    German Finance Minister Sets Out Sweeping Reform Plans to Boost Growth
    Image for ISS urges investors to reject UniCredit pay report over CEO award
    Iss Urges Investors to Reject UniCredit Pay Report Over CEO Award
    View All Finance Posts
    Previous Finance PostEuro Zone Sentiment Indicator, Lending Data Confirm Lukewarm Growth
    Next Finance PostFrance's Macron Unveils Voluntary Military Service Amid 'accelerating Threats'