Open Demo Account
Home / Market Update / Commodities / EU announces new sanctions on Belarussian banks

EU announces new sanctions on Belarussian banks

Adel 9 March, 2022 4:47 pm Commodities, Market Update

The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank of Belarus related to the management of reserves or assets and the provision of public financing for trade with and investment in Belarus. 

Tags

Check Also

European Stocks Hold Steady as Key Events Unfold Globally

European markets traded in a narrow range on Monday, reflecting investor caution at the start …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends