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31 of July, 13:31

Sviaz-Bank informs that as punishment the United States will not affect its operation


MOSCOW, 31 Jul - RIA Novosti/Prime. Punishment USA will have no impact on workplace Communication-Bank (a subsidiary of VEB), according to a report of a credit institution.

on Thursday, the U.S. Treasury Department said on the introduction of New penalties regarding eleven physical and fifteen legal entities, including "daughter" VEB and " Rosneft ". U.S. authorities believe that the changes made in the "black List" of the organization took steps to circumvent imposed on Crimea punishment.

punishment on a number of Russian companies and credit organizations in the U.S., do not make any changes to the current procedure for the activities of Svyaz-Bank, said credit organization

Sviaz-Bank is a subsidiary of VEB, which was included in the sanctions List in 2014. New bans have been introduced, in the new document States, among them, the organizations that have been working within the constraints due to the inclusion of their shareholders in the sanctions List." punishment limit the access of U.S. investors to long-term debt instruments. Sviaz-Bank similar instruments for U.S. investors has not issued and is not planned to release ", - emphasize in the Bank.

on the Bank's operations with their Russian clients, both individuals and legal entities in rubles and in foreign currency, as well as among them in US dollars, the punishment does not impose any restrictions. For this reason, their introduction does not affect and will not affect the operation of the Bank or on its financial stability, said in a credit institution.

The Bank is working in production mode. Calculations on rouble and currency accounts customers, as well as among them Bank cards of international systems, are carried out without delay.


Western countries since March 2014 several times already imposed penalties because Russia's position on Ukraine. In July, the U.S. has expanded its own List.

The list of Russian citizens and organizations who have fallen under the punishment - in the material of the Fins news


sections: Politics

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