Statement on sanctions from the Central Bank of Russia

The Central Bank of Russia announced that the banking system maintained its stable outlook after the sanctions against its financial institutions came into effect.

The Central Bank of Russia made a statement after the sanctions against the financial sector by western countries. The Bank stated that the banking system maintains its stable appearance and the system continues to function normally.

In a statement made by the White House, the European Commission announced that France, Germany, Italy, Canada and the USA had decided to remove certain Russian banks from the international payment network swift system.

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