Browsing: Sanctions against Russia

Sanctioned Russian bank announces acceptance of deposits at 23% per annum

Sovcombank, which fell under Western sanctions, introduced a ruble deposit at 23% per annum. Such a proposal appeared after the announcement of raising the key rate of the Bank of Russia to 20% per annum. On the website of Sovcombank, the terms of the deposit are indicated – 90 days. Note that only recently Russian […]

VTB Bank announced a sharp increase in the minimum mortgage rate to 15.3%

VTB Bank, which fell under tough US sanctions amid the conflict in Ukraine, announced an increase in mortgage rates and the suspension of refinancing. VTB said in a statement that from February 28, the minimum mortgage rate will be 15.3% (plus four percentage points) for both under construction and finished housing. The credit decision period […]

VTB said it was preparing for a “hard version” of sanctions

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 […]

VK said that US sanctions against Kiriyenko will not affect the work of the company

The US sanctions imposed on VK CEO Vladimir Kiriyenko (son of the first deputy head of the presidential administration, Sergei Kiriyenko) will not affect the company’s operations, they said. “Inclusion of CEO Vladimir Kiriyenko on the OFAC SDN list will not affect the operational and financial activities of VK, as well as interaction with partners. […]

Media: US plans to block the export of foreign equipment to Russia

The US administration could deprive Russia of a wide range of US and foreign-made low-tech and high-tech goods if Russia launches an invasion of Ukraine. About Reuters reports this citing their sources. It is assumed that we are talking about computers, semiconductors, industrial equipment and aircraft parts. Biden can do this by expanding the list […]

The German Foreign Ministry announced the freezing of Nord Stream 2

German Foreign Minister Annalena Burbock said that the Nord Stream 2 gas pipeline was frozen. “The German government has also frozen Nord Stream 2 right now. We have always said that Nord Stream 2 is also part of the measures,” Burbock said (quoted by RIA Novosti). Earlier, Deputy Chairman of the Security Council of Russia, […]

Russian bank announced a series of attacks on the site after US sanctions

The Russian bank VEB announced a series of DDoS attacks on the site after the introduction of US sanctions. It is reported by RBC with reference to a representative of the state corporation. On February 22, after receiving information about new Washington restrictions, the site stopped loading and gave an error when trying to enter […]

The US threatens to impose sanctions against the largest Russian banks and cut off the country from SWIFT

The United States of America is ready, if necessary, to introduce new sanctions against the largest Russian banks – Sberbank and VTB. This was announced by a high-ranking representative of the American administration, speaking on Tuesday, February 22, at a special telephone briefing for journalists, which was dedicated to the introduction by the United States […]