Russia’s biggest bank blocked from SWIFT

May 31st 2022 5:21am EDT

Sberbank says the latest Western sanctions will have no impact on its operations Russian banking giant Sberbank has been disconnected from the SWIFT global financial messaging system under a new set of sanctions approved by European Union leaders on Monday. “This sanctions package includes other hard-hitting measures: de-Swifting the largest Russian bank Sberbank,” European Council […]

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