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The British authorities have included Sberbank in the updated sanctions list, which was created as part of the sanctions against Russia in connection with its military operation in Ukraine.
“PJSC Sberbank participates in the acquisition of benefits from the Russian government or supports it,” TASS quotes the motivational part of the decision.
It is clarified that the sanctions apply to correspondent accounts of Sberbank, and it is also prohibited from clearing operations in pounds sterling.
Thus, Interfax notes, the UK repeated US sanctions against Sberbank, banning payments in pounds, the British government said.
Meanwhile, Sberbank itself assured that the British sanctions imposed against the organization would not affect Russian clients, Gazeta.Ru points out.
In the meantime, securities of Russian issuers continue to fall on the London Stock Exchange (LSE). So, in particular, the Sberbank receipts by 11:44 Moscow time collapsed by about 7.38% and traded at about $0.97.
Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.
In particular, Russian banks fell under the sanctions, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank, and for a number of state-owned companies it was difficult to attract foreign capital.
Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and gain access to their financial systems.
You can follow the chronicle of events around Ukraine on March 1 here.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
