Russia’s biggest bank blocked from SWIFT ...News

Russia Today - Economy
Russia’s biggest bank blocked from SWIFT
source : Russia Today ( News ) () 11
Sberbank says the latest Western sanctions will have no impact on its operations Russian banking giant Sberbank has been disconnected from the SWIFT global financial messaging system under a new set of sanctions approved by European Union leaders on Monday. “This sanctions package includes other hard-hitting measures: de-Swifting the largest Russian bank Sberbank,” European Council chief Charles Michel announced following the EU summit. The official added that the latest penalties also include banning three Russian state-owned broadcasters, as well as sanctioning individuals allegedly responsible for war crimes in

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