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Anti-Russian sanctions

Dutch bank 42% owned by sanctioned Russian businessmen declared bankrupt — newspaper

The bank suffered serious damage due to the sanctions imposed on Russia, as many counterparties and other banks have boycotted the financial institution

THE HAGUE, April 22. /TASS/. A court in Amsterdam has declared the Amsterdam Trade Bank (ATB) bankrupt, the Financiele Dagblad newspaper reported on Friday.

The bank’s owners include Russian entrepreneurs Mikhail Fridman and Pyotr Aven, who fell under the EU sanctions. Fridman and Aven own 42% of the bank's shares.

According to the newspaper, the bank suffered serious damage due to the sanctions imposed on Russia, as many counterparties and other banks have boycotted the financial institution.

Earlier, Financiele Dagblad reported that ATB ran into problems due to the fact that it fell under US and UK sanctions and was put up for sale but, according to sources, the negotiations were unsuccessful.

The bankruptcy will affect 26,000 mostly Dutch clients, who collectively hold several hundred million euros in ATB, Financiele Dagblad notes. According to the newspaper, depositors will be able to get their money back through a guaranteed return on deposits implemented by the Bank of the Netherlands. In accordance with this pattern, each depositor can count on a return of up to 100,000 euros.

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Sanctions vs. Russia

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Russian armed forces defeat Ukrainian assault Battalion Shkval in DPR

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Kremlin explains why Oreshnik missile came as surprise

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Putin congratulates Serbian film director Kusturica with seventieth birthday

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Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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Warehouse with containers of flammable liquids on fire in Barnaul — Emergencies ministry

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Moscow not ruling out Trump’s meeting with North Korean leader

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Gazprombank’s UnionPay cards no longer serviced in several countries

Railroad development to strengthen ties with foreign partners — Russian PM

Mikhail Mishustin added that "it is necessary to modernize border crossings in coming years, including introduction of practice of electronic paperwork"

Press review: Uranium costs soar as Moscow updates nuclear doctrine and US OKs attacks

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France only finishes off Ukraine by allowing it to strike inside Russia — diplomat

Zakharova said earlier that no attempts by "French warmongers" would change the outcome of the conflict

Enemy losses, mercenary intrigue, humanitarian aid: situation in Kursk Region

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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The leaders also discussed some international issues

Trump to tap Richard Grenell as US special envoy on Ukraine — agency

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West irrational, fails to understand it cannot intercept Russia's new missiles — Kneissl

The former Austrian foreign minister stressed that she "counted on rational Western decision-makers, but irrationality is unfortunately on the rise among them"