EU to exclude Russia’s biggest bank from Swift
Published Tue, May 31, 2022 · 08:24 AM
EU LEADERS agreed on Monday that their sixth sanctions package targeting Moscow over its invasion of Ukraine will include a measure to exclude Russia’s Sberbank from the Swift financial messaging system. Sberbank is Russia’s biggest lender, and adding it to the sanctions list will further isolate its financial system as sanctions begin to bite, more than three months after its forces invaded Ukraine. AFP
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