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Kremlin sees no risks for Russian banking system from new US sanctions

However, new US sanctions, if implemented, will be an additional blow to the relations between Moscow and Washington, the Kremlin spokesman said

© Stanislav Krasilnikov/TASS

MOSCOW, February 28. /TASS/. Moscow sees no risks to the stability of the Russian banking system from possible new US sanctions; all preventive measures have been taken, Kremlin spokesman Dmitry Peskov told reporters.

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"Our government took all measures in advance to hedge risks from further unpredictable, unfriendly actions by the United States. All preventive measures have already been implemented, so there should be no concern about the stability of the banking system," the Kremlin spokesman said. He was asked to comment on possible impact of Washington’s new sanctions on the stability of the Russian banking system.

Peskov noted that the Russian economy has largely adapted to both existing sanctions and to its possible strengthening.

"All measures to hedge risks from further unpredictable, unfriendly actions by the United States were deliberately taken by our government. All preventive measures have already been implemented, so there should be no concern about the banking system’s stability," Peskov added.

However, new US sanctions against Russia, if implemented, will be an additional blow to the relations between Moscow and Washington, according to Peskov.

Peskov noted that the document has not yet been submitted in the final form; however, the Kremlin is carefully studying it. "Of course, we will closely monitor the progress of this bill. So far, it is unlikely to be the final version. Of course, this is a very serious matter, which, if this bill is implemented, will be an additional blow to the bilateral Russian-US relations," he said.

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