Browsing Tag
Russian banks
4 posts
EU adopts 9th package of economic & individual sanctions against Russia: about 200 entities sanctioned
On 16 December, the Council of the European Union adopted the ninth package of sanctions against the Russian Federation…
This Belgian firm saved Russian financial system from collapse (and keeps doing it now)
After Russia invaded Ukraine, the largest payment systems Visa and Mastercard left the market of the aggressor country,…
Top Moscow bank to stop servicing sanctioned Russian defense firms
Oleg Sysuyev, the deputy head of Alfa-Bank, Russia’s seventh largest bank by net assets, says that his institution will…
Russia considering introducing Islamic banking to get around Western sanctions
Facing ever greater difficulty in raising money in the West because of sanctions and calls by its own…