Browsing: Sanctions

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 […]

Aeroflot canceled flights to Riga and Bucharest

Aeroflot canceled flights to Riga and Bucharest until March 26, reported on the company’s website. Flights canceled due to airspace restrictions imposed by the Latvian and Romanian authorities. Passengers who have booked transportation are offered a refund, change of flight date or replacement of Riga and Bucharest with other European destinations from Aeroflot’s current schedule. […]

ARD: EU plans to close airspace to Russian aircraft

EU countries intend to close their airspace to Russian aircraft, informed German TV channel ARD. Earlier, a number of countries closed the skies to Russian aircraft in protest against the military operation in Ukraine. Among them are Romania, Slovenia, Bulgaria, Poland and the Czech Republic. Latvia, Lithuania and Estonia are also planning to do this. […]

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 […]

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 […]