USA will add VTB to the sanctions list

VTB Bank will be included in the US SDN sanctions list, said US President Joe Biden . Getting into this list means blocking all assets and accounts of credit organizations in US dollars and de facto isolation from the dollar system. In addition, subsidiaries of VTB, in which state-owned banks have a share of over 50%, fall under the sanctions .

Earlier, British Prime Minister Boris Johnson announced the imposition of sanctions against VTB. According to him, all assets of the state bank in the UK will be frozen.

This is how the authorities of Western countries reacted to the start of Russia's special military operation in the Donbass - on Thursday, Russian President Vladimir Putin made an emergency appeal and announced its launch. Shortly before the head of state's speech, US State Department spokesman Ned Price said at a briefing that the United States was ready to impose sanctions against any Russian financial institution in the event of further escalation in Ukraine. “We are ready to take action against the two largest financial institutions in Russia at the push of a button,” Price said, referring to Sberbank and VTB. However, Biden did not mention Sberbank among the sanctions.