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The United States imposed new sanctions on Russia's Gazprombank on Nov. 21 as President Joe Biden steps up measures to punish Moscow for its invasion of Ukraine before he leaves office in January.
Washington imposed new sanctions on Russia's Gazprombank that prevent the state-controlled lender from handling any new energy-related transactions that touch the U.S. financial system. The U.S. also targeted around 50 other Russian banks and the Bank of Russia's System for Transfer of Financial Messages (SPFS).
Gazprombank in the Novocheremushkinskaya Street office block, Moscow. In August 2005 for 37.22 billion rubles, Gazprombank purchased Gazprom Media, the largest Russian media holding, which includes the former Media Most holdings of Vladimir Gusinsky including the Sem Days publishing house, Echo of Moscow, both the NTV channel and NTV Plus, and Izvestia newspaper, from the bank's parent company ...
Russia’s third-largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions Thursday, making it the largest bank not already targeted as the Russia-Ukraine war nears the three ...
A key factor recently may have been U.S. Treasury Department sanctions against Russia's Gazprombank, announced Nov. 21. Since the bank was the conduit for customers for what was left of Russia's ...
In response to the news about the potential new oil sanctions, ... In November, the US sanctioned Gazprombank, the last major Russian financial institution exempt from such restrictions. The bank ...
Russian Gazprombank and Rosneftbank were spared from the SWIFT sanctions to allow payments for Russian gas and oil to be processed to Gazprom and Rosneft. However, Russia still faced a risk that dollar or euro energy payments stored in these banks might also be frozen there in a future SWIFT ban extension.
Ukraine is urging the U.S. and the EU to sanction a major Russian bank, Gazprombank, that still operates freely due its role in natural gas sales to Europe. Ukraine is accusing a major Russian ...