City
Epaper

US imposes 'full blocking sanctions' against Russia's Sberbank, Alpha Bank: Official

By ANI | Updated: April 6, 2022 20:55 IST

The United States has imposed "full blocking sanctions" on Sberbank and Alpha Bank in its latest round of restrictive measures to escalate the financial shock for Russia, a senior Biden administration official said on Wednesday.

Open in App

The United States has imposed "full blocking sanctions" on Sberbank and Alpha Bank in its latest round of restrictive measures to escalate the financial shock for Russia, a senior Biden administration official said on Wednesday.

"We're dramatically escalating the financial shock by imposing full blocking sanctions on Russia's largest financial institution Sberbank and its largest private bank Alpha Bank," the official said. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sberbank of RussiaAlpha bank
Open in App

Related Stories

InternationalEU agrees to ban 'more than 2/3' of Russian oil imports

BusinessNegotiation is on to import cheaper oil from Russia: Finance Ministry sources

InternationalUS sanctions 8 Sberbank, 27 Gazprombank executives: White House

InternationalUS sanctions 8 Sberbank, 27 Gazprombank executives: White House

InternationalEU to sanction Russia's Sberbank, other banks: Report

International Realted Stories

International"Good and important": Ex-envoy Veena Sikri as Bangladesh FM begins India's visit

International"Truly unacceptable": Pope Leo XIV on Trump's threat to destroy Iranian civilisation

InternationalIDF claims it struck Iran's "central site" for production of underwater detection systems in Shiraz

InternationalChina, Russia veto Bahrain-backed UN resolution to reopen Strait of Hormuz

InternationalMiddle East tensions: Indian Embassy in Qatar issues advisory, urges vigilance