Gazprombank Under New US Sanctions

The US Treasury Department has imposed sanctions against Gazprombank and 50 other small-to-medium Russian banks, Orda.kz reports, citing Reuters.

The new restrictions exclude Gazprombank from the US banking system, prohibit it from trading with Americans, and freeze its American assets. 

Since spring 2022, by Vladimir Putin's order, ruble payments for gas to unfriendly countries have been made through Gazprombank.

On Thursday, the banks DOM, RF, Kremlevskiy, Finservis, Agroros, etc. were also subject to new sanctions. 

The list includes 118 individuals and legal entities associated with the Russian financial sector.

Original Auhtor: Raushan Korzhumbekova