The EU included in the sanctions list the NWF, Alfa-Bank, Rosbank and Tinkoff Bank

The EU included in the sanctions list the NWF, Alfa-Bank, Rosbank and Tinkoff Bank

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The European Union has imposed sanctions against Alfa-Bank, Rosbank and Tinkoff-Bank, follows from a publication in the Official Journal of the EU.

Also, as expected, the National Welfare Fund was included in the EU sanctions list. In justifying the imposition of sanctions, it is noted that the Russian authorities announced plans to cover the budget deficit in 2023-2024. using funds from the NWF.

The Telegram channel of Tinkoff Bank stated that the sanctions would not affect the service of 26 million customers.

“We are well prepared for such a scenario. Our team has been working for many months to ensure that you can use Tinkoff services as usual, regardless of external circumstances. The bank also said that they are now analyzing the sanctions decision, after which they will tell customers in more detail about its consequences.

Alfa-Bank also stated that the imposed sanctions would not affect the bank’s work. “Transfers in euros at Alfa-Bank were turned off last spring. You can pay with Visa, Mastercard and Mir cards in Russia without restrictions, transfers within the country are instant, the application and Alfa-Online work quickly and reliably,” the bank noted.

Rosbank also noted in its commentary that the restrictions would not have a significant impact on its work. “The bank continues to work in a standard mode, to carry out all transactions in rubles both remotely and in a wide network of offices. All terms of service and tariffs for products are preserved, ”the message says.

Source: Rosbalt

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