Source link Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers. He mentioned that some of his […]
Source link The financial sector has withstood “lawless” Western restrictions, Andrey Kostin has told President Putin Russian banks have withstood unprecedented Western sanctions and have had a “highly successful” 2023, the head of the country’s second-largest lender has said. VTB CEO Andrey Kostin met with Russian President Vladimir Putin on Monday, where they discussed the […]