Three Russian banks shrug off impact of US sanctions after Ukraine invasion - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Three Russian banks including the country’s biggest, Sberbank, on Friday played down the impact of sanctions imposed on them by the United States after Russia’s invasion of Ukraine and said they were continuing to work normally.

Sberbank said it was studying the implications of the sanctions but there were no restrictions on withdrawing or depositing roubles and foreign currencies.Sberbank said it was studying the implications of the sanctions but there were no restrictions on withdrawing or depositing roubles and foreign currencies.

Russia’s central bank said it would provide any support needed for sanctions-hit banks and was ready to use additional tools to maintain their stability and protect clients. Gazprombank issued a similar statement saying it was serving retail and corporate clients as normal and they would have continuous access to funds and services.

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When is SouthAfrica going to impose sanctions on Russia or are you supporting the invasion? NoSurprised NewSouthAfrica ShitHole

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