Bank of Russia ready to act to cushion bank sanctions blow
US and EU sanctions could cover central bank-owned Sberbank
The Central Bank of Russia (CBR) said today it is ready to step in to support banks hit by the latest round of sanctions imposed on the country by the United States and the European Union – which could potentially also hit Sberbank, Russia's largest lender, which is majority-owned by the central bank.
Although sanctions against the central bank itself are thought unlikely in any situation short of full-blown war, reports emanating from Brussels have suggested the third round of EU sanctions –
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com