The U.S. Treasury took the punishment with DenizBank, the Turkish subsidiary of the Sberbank
The U.S. Treasury Department has cancelled the sanctions limits on the Turkish DenizBank, according to the dispatch office.
The USA and other countries of the " Big seven " first imposed punishment on the Russian politicians, entrepreneurs and organizations because of the position of the capital of the Russian crisis on Ukraine. For example, under the American punishment were the largest Russian banks, among them dominant in the Russian banking industry Savings Bank. For them are limited opportunities for long-term borrowing in Western markets. DenizBank came under the limits in September, because it belongs to Sberbank of more than 50% (more precisely, 99, 85%).
The US and EU do not recognize the annexation of Crimea to Russia and accused Moscow of interfering in Ukraine. Russia denies it and calls the 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 the use of such practices began in September punishment.
A complete list of Russian Citizens and organizations who are under punishment, -