CDE News - The Dispatch

EU to sanction Sberbank, other banks

The European Union plans to sanction Russia’s largest lender Sberbank and other Russian financial firms in its next round of restrictions, European Commission head Ursula von der Leyen told a…

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Russia’s Sberbank says sanctions limiting some forex transfers in Russia and abroad

March 18 (Reuters) - Russia's largest lender Sberbank on Friday said sanctions on its operations meant its customers would be unable to transfer funds in certain foreign currencies to accounts at other banks,…

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Russian government sites facing unprecedented cyber attacks -report

March 17 (Reuters) - Russian government websites are facing unprecedented cyber attacks and technical efforts are being made to filter foreign web traffic, the TASS news agency cited the digital…

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UPDATED: Russia’s Sberbank says it lost control of European subsidiaries after liquidity crisis

MOSCOW, March 2 (Reuters) - Russian lender Sberbank on Wednesday said its European subsidiaries experienced a liquidity crisis after the imposition of western sanctions, resulting in the bank losing control of those units…

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Austrian watchdog imposes moratorium at Sberbank Europe

VIENNA, Feb 28 (Reuters) - Austria's Financial Market Authority (FMA) has imposed a moratorium on Sberbank Europe AG, a unit of Russia's Sberbank, with immediate effect until March 1, 2022, 11:59 pm,…

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