Sberbank warns about consequences of new US sanctions

Finance
  • 25 December, 2017
  • 10:46
Sberbank warns about consequences of new US sanctions

Baku. 25 December. REPORT.AZ/ If US introduces anti-Russian sanctions in 2018, "the cold war will seem like a child's play”. 

Report informs citing the Lenta.ru, CEO, Chairman of the Executive Board of Sberbank of Russia Herman Gref told the Financial Times. 

In his opinion, the idea to turn off Russian state-owned banks from the international payment system SWIFT is irrational. This idea has been discussed many times by Western politicians. In particular, the appeal to disconnect Russian banks from SWIFT was contained in the resolution of the European Parliament.

The initiative of tightening sanctions against state enterprises is planned to be discussed in February in the US Congress.