Sberbank said that rely on their strength in the case of sanctions

The Sberbank Stand.

В Сбербанке заявили, что рассчитывают на свои силы в случае санкций
Eugene Biyatov

MOSCOW, Nov 1 — Sberbank today is counting on their hand in case of possible US sanctions, is ready for any eventuality and will react accordingly, said the Chairman of the Bank Alexander Morozov in a telephone conference.

“You know, the question of whether the sanctions, whether the sanctions is a question of guesses. We are ready for any new disturbances that may occur and will respond accordingly. To date, we feel very confident and calm, rely on their strength,” he said in answer to a question, expect the Bank of imposition of U.S. sanctions.

In August, the us Congress introduced a bill with a whole set of anti-Russian measures, including sanctions against the new debt of the Russian Federation and state-owned banks, the list of which includes VEB, Sberbank, VTB, Gazprombank, Rosselkhozbank, and Promsvyazbank. The interviewed experts noted that state-owned banks regarding the language in the document vague, so potentially it can lead to a ban on payments in dollars.

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