MOSCOW, February 24. /TASS/. MTS Bank has no assets in the United Kingdom, so sanctions will not affect the bank’s activities, a representative of the Russian bank told TASS.

"MTS Bank has no assets in the UK. The bank stopped settlements in pounds sterling in advance. This event [the introduction of sanctions] does not interfere with the operating activities of the bank. The bank will continue to fulfill all obligations to its clients," the bank said.