Azerbaijan news

Sberbank is leaving the European market

Banksaid in a statement dated March 2 that, Sberbank will no longer be able to provide cash to its European branches

Russia’s largest deposit and credit bankı – said Sberbank that, Attack on Ukraine according to Due to sanctions imposed on Russia Europe is forced to leave the market.

Banksaid in a statement dated March 2 that, Sberbank will no longer be able to provide its European branches with cash due to the order of the Central Bank of Russia:

“In the current situation, Sberbank Europe decided to leave the market. The bank’s branches are facing an abnormal flow of capital, as well as serious threats to the employees of these branches.

Sanctions on Sberbank USA, Canada and Britain announced.

This is also reported that, Europe The union has not yet included Sberbank in the list of banks cut off from the SWIFT banking system.

Sberbank said that, All customer deposits are insured in accordance with local laws and The bank is able to make all necessary payments to customers.

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