Russian cenbank says client funds in sanctioned banks are secure

Reuters

MOSCOW – Clients’ funds held by Russian banks that were hit with new Western sanctions are secure and are not affected by the sanctions, Deputy Central Bank Governor Vladimir Chistyukhin said on Friday.

Chistyukhin said the central bank was in contact with the banks affected by sanctions.

Clients of some Russian banks subject to Western sanctions will no longer be able to use their cards abroad or with mobile payment systems from Apple and Google, the central bank has said.

(Reporting by Andrey Ostroukh; Editing by Hugh Lawson)

tagreuters.com2022binary_LYNXMPEI1O0XU-BASEIMAGE


You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.