Gazprombank is an active participant in financing the war against Ukraine, with its aid transactions for the purchase of military equipment, as well as payments to Russian soldiers.
Banks in 20 countries have stopped servicing Gazprombank’s UnionPay cards due to US sanctions. It is no longer possible to withdraw cash in this way in Argentina, Hungary, Vietnam, Greece, Egypt, India, Indonesia, Kazakhstan, Cambodia, Qatar, Morocco, Mexico, United Arab Emirates (UAE), Thailand, Tunisia, Turkey, Uzbekistan , South Africa Republic, South Korea and Japan. This was reported by RosSMI on Sunday, November 24.
In addition, Gazprombank’s UnionPay cards are no longer accepted by the largest credit institutions in China, a country that became the main supplier of goods to Russia after the start of the war against Ukraine. Problems arose at Bank of China, China Construction Bank, Industrial and Commercial Bank of China and Agricultural Bank of China. When you try to withdraw cash, a message appears on the ATM screen saying that the transaction is impossible.
Meanwhile, the Gazprombank application has disappeared from the App Store. The credit institution itself called the problem temporary and recommended logging into your personal account through a browser.
On November 21, the United States imposed sanctions against Gazprombank and six of its foreign subsidiaries in Africa, Hong Kong, Luxembourg and Cyprus. The credit institution maintains access to the SWIFT system, despite the war against Ukraine, and has become the main “hub” for gas payments in Europe.
The US Office of Foreign Assets Control (OFAC) indicated in its justification that Gazprombank is an active participant in financing the war against Ukraine, in particular, with its help, transactions are carried out for the purchase of equipment in the military, as well as payments to soldiers.
We remind you that the Russian leader Vladimir Putin said that the Russian economy “continues to grow at a great pace.” Athletistic found out what the economic situation of the aggressor country really is.
Source: korrespondent
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.