The Russian bank VTB said that they were preparing for the “toughest scenario” of sanctions in order to minimize the negative consequences for customers. This is stated in the message of the bank.
“Sanctions have been a reality for us over the past few years, and the next round of politically motivated anti-Russian sanctions did not come as a surprise We have worked out several plans to counter sanctions in such a way as to minimize the negative consequences for our clients,” VTB said.
On the eve of VTB, the second largest bank in Russia, sent a letter to corporate clients recommending that they temporarily not conduct any transactions in dollars and euros, writes RBC. The bank also urged companies not to make settlements in other currencies with financial institutions and persons located in the United States and the European Union.
