U.S. Treasury issues general license for wind-down of transactions involving Sberbank units

BOSTON – The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank Europe AG through July 11.

The United States last week announced a new round of sanctions targeting Russian financial institutions including Sberbank.

(Reporting by Chris Gallagher; Editing by Katharine Jackson)