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The United States imposed new sanctions on Russia's Gazprombank on Nov. 21 as President Joe Biden steps up measures to punish Moscow for its invasion of Ukraine before he leaves office in January.
Washington imposed new sanctions on Russia's Gazprombank that prevent the state-controlled lender from handling any new energy-related transactions that touch the U.S. financial system. The U.S. also targeted around 50 other Russian banks and the Bank of Russia's System for Transfer of Financial Messages (SPFS).
Russia’s third-largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears the three ...
Friday's move followed U.S. sanctions in November on banks including Gazprombank, Russia's largest conduit to the global energy business, and earlier last year on dozens of tankers carrying ...
Gazprombank Suisse, which employs around 80 people, declared in October 2022 that it was ceasing trading. [27] In 2023, four bankers at Gazprombank's Swiss branch have been accused of helping Sergei Roldugin, and by extension Vladimir Putin circumvent financial regulations and sanctions placed on Russia following the 2022 Russian invasion of ...
Sanctions, economic or international, that have been imposed on Russia include: International sanctions during the Russo-Ukrainian War (2014–) Countering America's Adversaries Through Sanctions Act, US legislation (2017) International sanctions during the Russian invasion of Ukraine (2022–) For sanctions that Russia has imposed on other ...
Ukraine is urging the U.S. and the EU to sanction a major Russian bank, Gazprombank, that still operates freely due its role in natural gas sales to Europe. Ukraine is accusing a major Russian ...
The central bank’s announcement came one week after the U.S. government imposed fresh economic sanctions against Gazprombank. The bank had previously been exempt, since it plays a vital role ...