How did Sberbank’s record dividend end up frozen for Western shareholders?
Russia’s largest bank keeps setting profit records and paying record dividends. For its shareholders in the West, that money is frozen in accounts they cannot touch.
Browsing Tag
Sberbank
5 posts
Running restricted goods to Russia used to get you sanctioned. Apparently it now gets you unsanctioned.
Cleared entities include a Turkish network serving Russian intelligence services and a UAE firm that shipped manufacturing equipment to Russia.
Treasury trumpets Iran sanctions but delists ex-Sberbank executive quietly
The press release made no mention of delisting a former Sberbank executive.
US Supreme Court clears path to seize Russia’s Sberbank assets for MH17 families
The US Supreme Court refused to consider the appeal of the Russian Sberbank against a lower court ruling.…
Russia’s largest bank Sberbank operates in occupied Crimea covertly to avoid further sanctions — report
Read also: Sanctions on Russia are working, but they're not enough The report reveals that the first mortgage…