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The Austrian Financial Markets Authority (FMA) has banned Sberbank Europe AG from doing business.
The decision, taken in accordance with the instructions of the European Central Bank (ECB), takes effect immediately, the press service of the financial regulator reports. An external auditor has been appointed for the bank.
Earlier, the National Bank of the Czech Republic began revoking the license from the Czech “daughter” of Sberbank, which faced a significant outflow of customer funds against the background of the Russian military operation in Ukraine.
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.
You can follow the chronicle of events in connection with the situation in Ukraine 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.
