Sber did not see threats to work in the EU decision to disconnect from SWIFT

The bank said that the shutdown from SWIFT, which was agreed by the EU, will not change the current situation in international settlements,and also will not affect domestic operations

Disconnecting Sberbank from the international interbank system of information and making payments SWIFT will not affect its work, RBC was told in a financial institution.

“Disconnecting from SWIFT does not change the current situation in international settlements. Domestic transactions do not depend on SWIFT and will be carried out by the bank in the standard mode, ”Sberbank explained.

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The bank also assured that they were working as usual, and reminded that the main restrictions imposed by Western countries were already in effect.

The fact that the EU member states agreed to disconnect Sberbank from SWIFT was previously announced by the HEAD of the European Council Charles Michel.

The European Union agreed to disconnect Sberbank from SWIFT Politics

This decision was discussed as part of the introduction of the sixth sanctions package for a long time. As BLOOMBERG wrote at the end of April, Germany doubted the advisability of introducing such a restriction: Berlin feared that sanctions against Sberbank would prevent payments in the energy sector. However, in the end, the country found alternative energy suppliers and expressed its readiness to consider the issue of sanctions, the agency reported.

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The head of the European Commission, Ursula von der Leyen, said in early May that the shutdown of Sberbank "will consolidate the isolation of the Russian financial sector from the global system." She also mentioned the possible disconnection from SWIFT of a number of other Russian large banks.

Politico, citing sources, claimed that the EC intends to propose similar measures against the Moscow Credit Bank (MCB) and the Russian Agricultural Bank.

The EU announced the disconnection of new Russian banks from SWIFT Politics

There are already blocking US sanctions against Sberbank , as well as British sanctions.

In March, seven Russian banks were disconnected from SWIFT: VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB.RF. They were banned from providing "specialized financial messaging services that are used to exchange financial data."

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