Sberbank talked about the risks associated with new US sanctions
According to Morozov, Sberbank makes this statement “in connection with market volatility,” requirements for borrowers are secured including assets not related to companies included in the black list of Americans (SDN).
Reportedly. that “on 1 April, Sberbank had a little more than 23,4 trillion rubles. assets. In fact, we are talking about the fact that the risk on a company from the new SDN list may be about 585 billion rubles. ”
New blocking sanctions were announced on April 6. 24 Russians and 15 related companies have come under them. Among them: “VTB board chairmen Andrei Kostin, Gazprom Alexey Miller and Gazprombank Andrei Akimov, Surgutneftegaz CEO Vladimir Bogdanov, Renova’s owner Viktor Vekselberg and UC Rusal’s main owner Oleg Deripaska, Senator Suleiman Kerimov”.
On Monday morning, the sale of assets began on the Russian market. Sberbank shares plunged 20% during the trading day.
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