The EU Council has imposed sanctions against Heihe for providing services related to crypto actions that significantly distract the purpose of anti -russian restrictions.
The Chinese Heihe Rural Commercial Bank, who fell under EU penalties, stopped receiving payments from Russia. Rossmi let’s know about it.
The information was confirmed by interlocutors at two Russian banks and four imports, encountered a problem.
The Heihe Rural Commercial Bank is among the last Chinese banks ready to open accounts to Russian credit institutions that did not fall under penalties.
The EU Council on July 19 imposed sanctions against Heihe for the provision of services related to crypto actions that significantly distract the purpose of anti -russian restrictions. The decision entered strength on August 9.
Earlier, part of small Russian small and medium -sized businesses, worked by other Chinese banks, moved to the Heihe Rural Commercial Bank. Within a month after the introduction of new restrictions, payments were made in standard mode, but last week the bank stopped receiving money.
Along with the Heihe Raral Commercial Bank, another Chinese bank – Suifenhe Rural Commercial Bank, which also opened letters to Russian banks, fell under penalties in the EU.
Earlier it was learned that China refused to cooperate with the banks of the Russian Federation that had fallen under sanctions.
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Source: korrespondent

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.