Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sanctions-Hit Bank Rossiya Lost Third of Retail Deposits in 1 Month
17.05.2014 17:46
Sanctions-Hit Bank Rossiya Lost Third of Retail Deposits in 1 Month
Photo Credit: http://sobesednik.ru

Retail deposits at Bank Rossiya plunged 35 percent within just one month, shrinking from almost 37 billion roubles to under 24 billion roubles.

      This shortage follows the sanctions slapped against the bank by the US in late March 2014. Visa and MasterCard stopped processing payments for the bank’s customers, claiming they had to obey the restrictions imposed by the Obama administration.

      Russia has sparked a wave of criticism after it incorporated Crimea into its territory following a referendum on the peninsula with a large ethnic Russian population.

      The US and the EU imposed a raft of sanctions on Russian officials and individuals with close ties to the Kremlin.

      The US also put space and military cooperation on hold, followed by some of its NATO allies, including the UK.

       




Author: Mikhail Vesely

Tags: Bank Rossiya Russian banks Ukraine crisis US sanctions  

Next Previous


You might also find interesting:

Telegram Lost the Case on the Demand of the Federal Security Services for Decryption of Messages
24.08.2018
The Number of Offers on the Sale of Businesses Increased in Russia by 33%
23.04.2019
Russians Prefer Fast-food Restaurants
20.05.2019
Krasnaya Polyana Gaming Zone Earned Revenue of more than 4 Billion Roubles
22.08.2018
The Government will be Able to Increase Export Duties on Oil Products
31.07.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
The Beatles  Russian telecom companies  Quinto Martini  Russian Far East  Russian tourism  Barnaul  Russian history  Monuments in Moscow  alcohol  Russian Cinema  Festivals in Moscow  Prisons of Russia  Exhibitions in Cherepovets  Olkhon  Khabarovsk  accident  Russian Folk Dance  Russian oil  New Year  the Bolshoi Theatre  Legal Services in Russia  Russian business  Mercedes-Benz Fashion Week Russia  Crimea  FIFA Russia 2018  TNK-BP  Qiwi  Russian Literature  Konstantin Tsiolkovsky  Moscow  Yaroslavl Region  Rimma Kazakova  Flood in Khabarovsk   Russian spacecrafts  Russia Travel Tips  Abram Arkhipov  Modern Art  Mikhail Bulgakov  North Ossetia  Kostroma  AvtoVAZ   travel to Kazan  Central House of Artist  Moscow Museums  Nenets Autonomous Okrug  St. Petersburg  Russian Dolls  Russia Today  Active Travel  Exhibitions in Moscow 


Travel Blogs
Top Traveling Sites