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Which Russian Banks Have Come Under US Sanctions: Sberbank, Gazprombank, VTB, and Others

Which Russian Banks Have Come Under US Sanctions: Sberbank, Gazprombank, VTB, and Others

The U.S. Department of the Treasury has specified which Russian banks are subject to sanctions. According to Дождь, in addition to Sberbank and Gazprombank, sanctions have also been imposed on Otkritie, Sovcombank, Novikombank, and VTB.

The U.S. Treasury has ordered all American financial institutions to close Sberbank's correspondent accounts within 30 days. Furthermore, the U.S. is imposing restrictions on Sergey Ivanov, a member of the Security Council, Igor Sechin, the head of Rosneft, and the sons of Nikolai Patrushev, the head of the FSB.

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