The Central Bank will support came under fresh punishment Russian banks
Russian banks hit by fresh punishment of the West, are working in normal mode, but if necessary the Bank of Russia will support them, according to a press release of the regulator.
" in connection with the declared U.S. and EU sanctions against a number of Russian credit organizations by the Central Bank of Russia informs that financial institutions work in normal mode, providing Full service to its clients, including operations for transfer of funds and payments with Bank cards ", - is informed in the report.
" if necessary, will be made adequate measures for the support of these organizations for protection of interests of their customers, depositors and creditors ", - adds the Regulator. At that, the Central Bank does not specify what measures of support can be discussed. The regulator also does not specify how the banks has the opportunity to be assisted.
On Tuesday, the US imposed sanctions against the Bank of Moscow, VTB and Russian agricultural Bank. Citizens and companies from the USA are not allowed to buy debt issued by these credit institutions or related entities, and also to carry with them any transaction for a period of more than 90 days.
for its part, the EU limits the state financial institutions of the Russian Federation access to the European capital market. Thus, investors from the EU-Smoking buy fresh issues of shares and bonds of Russian banks around the world on the primary and secondary markets. Economic penalties the EU against the Russian Federation are required to be presented on July 31 and will come into force on the next day.
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.
USA 16 July synchronized own sanctions list with European, imposing visa and financial limits on the part of politicians from Russia, and also introduced sectoral Economic penalties on the Russian military and primary organizations. 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, -