Army's contract for Ka-52 'Alligator' helicopters to continue till 2020Military & Defense December 07, 11:58
Russian astronomers fail to detect meteorite’s crash in SiberiaScience & Space December 07, 11:40
Russia’s Almaz-Antey to modernize Iran’s aircraft navigation systemMilitary & Defense December 07, 11:06
Russian colonel killed by 'opposition' shelling in AleppoMilitary & Defense December 07, 10:56
Mission Control Center reveals cause of Progress spacecraft lossScience & Space December 07, 10:44
The Range: The Caucasus from sea to seaSociety & Culture December 07, 10:27
OPEC, Russia agree on mutually accepted formula of oil production cut for 6 monthsBusiness & Economy December 07, 9:59
Maduro to oversee implementation of agreements on cooperation with Russia 'personally'Business & Economy December 07, 9:10
Washington says will negotiate with Moscow on Syria only 'if talks are constructive'World December 07, 8:35
“These measures are limited in nature and do not affect the interests of these financial institution’s clients,” the Central Bank said.
It said the banks were working as usual and providing the full range of services to their clients, including money transfers and transactions using bank cards.
Gazprombank said earlier in the day that the US sanctions had not affected its financial stability as they “only limit access for American investors to the bank’s long-term (over 90 days) debt instruments placed after July 16 of this year. These limitations do not affect Gazprombank’s activities and the bank is working as usual,” the statement said.
He said the US sanctions would reduce lending possibilities for small and medium-sized business in Russia.
The Central Bank said it was prepared to take additional measures to support VEB and Gazprombank.
“If need be, adequate measures will be taken to support these organisations in order to defend the interests of their clients, depositors and creditors,” the Bank said.
The US government’s new round of sanctions will also apply to the state-owned oil company Rosneft, Kalashnikov arms-maker, Uralvagonzavod, which makes tanks, NOVATEK gas producer, and other Russian companies.