EU sanctions won’t have any significant influence on Vnesheconombank Group’s activity
VEB expresses its regret over the European Union’s (EU) decision on including Vnesheconombank and its subsidiary banks – Svyaz-Bank and bank GLOBEX into the EU sanction list.
The imposed sanctions limit Vnesheconombank’s access to EC countries long-term capital market instruments (with more than 90 days to maturity) and they are effectively similar to those imposed against the Bank earlier by the U.S.
Vnesheconombank reaffirms that the sanctions imposed by the EU won’t have any significant influence on Vnesheconombank Group’s activity.
Vnesheconombank is to continue to fulfill its obligations to investors, creditorsand other counter parties in full and as usual.
Press Office of Vnesheconombank
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru
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