EU to exclude Russia's biggest bank from SWIFT | ABS-CBN
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EU to exclude Russia's biggest bank from SWIFT
EU to exclude Russia's biggest bank from SWIFT
Agence France-Presse
Published May 31, 2022 07:56 AM PHT

BRUSSELS, Belgium - European Union leaders agreed Monday that their sixth sanctions package targeting Moscow over its invasion of Ukraine will include a measure to exclude Russia's Sberbank from the SWIFT financial messaging system.
BRUSSELS, Belgium - European Union leaders agreed Monday that their sixth sanctions package targeting Moscow over its invasion of Ukraine will include a measure to exclude Russia's Sberbank from the SWIFT financial messaging system.
Sberbank is Russia's biggest lender, and adding it to the sanctions list will further isolate its financial system as sanctions begin to bite, more than three months after its forces invaded Ukraine.
Sberbank is Russia's biggest lender, and adding it to the sanctions list will further isolate its financial system as sanctions begin to bite, more than three months after its forces invaded Ukraine.
aro-dc/mtp
aro-dc/mtp
© Agence France-Presse
© Agence France-Presse
Read More:
Russia
EU
european union
Ukraine
ukraine crisis
SWIFT
russia sanctions
ANC
russian invasion of ukraine
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