Sberbank shares are growing, paper VTB falling on the background of the new EU sanctions
Sberbank shares at the opening on Wednesday grow and paper VTB falling on the background of the introduction of the West of new punishments, shall inform the data of the capital market.
Shares of the largest Russian Bank as of 10. 09 GMT grow at 0, 9% to 73, 84 rubles per share, of paper in the second largest Russian Bank VTB - reduced by 2, 1% - to 0, 0393 rubles per share.
The Committee of permanent representatives of EU member States (Coreper) on Tuesday agreed economic sanctions against Russia, which since Friday will limit the financing of a Russian state-owned banks from European investors.
in addition, on Tuesday, the US announced introduction of sanctions against the Bank of Moscow, VTB and Russian agricultural Bank. Citizens and U.S. companies are prohibited to purchase debt obligations of these credit institutions or related entities, and also to carry with them any transactions by more than 90 days. This measure aims to discourage banks medium-and long-term foreign financing in US dollars.
The US and the EU does not recognize the annexation of Crimea to Russia and accused Moscow of interfering in Ukraine. Russia denies it and called such accusations are unacceptable. Western countries since March, has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations and threatened to make wider restrictive measures. The last case of use of such practices have become July punishment.
The European Union on July 26 imposed a punishment against fifteen citizens of Russia and authorized self-proclaimed Donetsk and Lugansk national republics (DND and LNR), and also against a number of Crimean organizations, such as the Sevastopol sea port and public organization " Sobol ". For example, in the sanctions list includes the Director of the Federal security Service Alexander Bortnikov and foreign intelligence Service of Russia Mikhail Fradkov, Secretary of the Russian security Council Nikolai Patrushev, his Deputy Rashid Nurgaliev and member of the Board Boris Gryzlov, leader of Chechnya Ramzan Kadyrov and the Krasnodar territory Alexander Tkachev.
in the U.S. capital and Brussels when it is ready if necessary to make wider sanctions lists. Full list of Russian Citizens and organizations that fall under punishment, -