Washington is threatening to exclude Raiffeisen Bank from the US financial system if it does not sever all ties with the Russian Federation.
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In Vienna, US Under Secretary of the Treasury for Sanctions Anna Morris met with Austrian officials and representatives of Raiffeisen Bank International, Politico reports.
Morris stressed that the bank risks being excluded from the US financial system if it does not more clearly distance itself from the Russian war economy, writes Bloomberg.
Let us remember that Raiffeisen does not want to sever ties with the aggressor country, which brought the bank about 60% of its profit last year.
Earlier, the NAPC announced that they were normalizing the content of the list of war sponsors. The new head of the agency, Viktor Pavluschik, said that this list includes companies, banks and brands trading with the Russian Federation or operating in Russia.
Now NAPC independently determines which companies will be included in the list – this from time to time creates problems for Ukraine in relations with other states, such as Hungary (OTP Bank) and Austria (Raiffeisen Bank).
After standardization, the list should serve as the basis for making effective decisions by the state.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.