EU imposing ban on transactions with MTS Bank, Alfa-Bank from November 12

Business & Economy October 23, 13:57

The list also includes Zemsky Bank, Absolut Bank, and NPO Istina

BRUSSELS, October 23. /TASS/. The European Union will impose a ban on transactions with a number of Russian banks, including MTS Bank and Alfa-Bank, effective November 12, 2025, as part of its 19th sanctions package, according to a decree by the Council of the EU published in the Official Journal of the EU.

The list also includes Zemsky Bank, Absolut Bank, and NPO Istina.

Belarusian BelVEB, Alfa-Bank, Sber Bank, VTB, Belgazprombank, a VTB subsidiary bank in Kazakhstan, and a VTB branch in Shanghai have also been put on the new sanctions list.

Moreover, eight banks and financial institutions from third countries, including three banks from Tajikistan, have been blacklisted.

Read more on the site →