More than 3% of Russians - owners of shares personally suffered from sanctions

More than 3% of Russians - owners of shares personally suffered from sanctions

More than 3% of Russians - owners of shares personally suffered from sanctions
News

20 July, 16:16
Economy
Photo: Фото: domstrousam.ru
More than 5 million Russians have assets blocked on the stock market. This was announced on July 20 during a press conference by Deputy Chairman of the Bank of Russia Philip Gabunia.

According to Philip Gabunia, only shares held by Russians (individuals) are frozen for amount of 320 billion rubles. The press conference with the participation of Mr. Gabunia is broadcast on the official telegram channel of the Central Bank.

Due to EU sanctions imposed on June 3 against the National Settlement Depository ( part of the Moscow Exchange group ), the securities of Russian investors were frozen. Russians, participants in the international stock market, have stopped receiving their due payments - dividends and coupons. Also, residents from Russia are prohibited from making any transactions with securities.

According to Frank Media, the volume of foreign securities of Russians (individuals and legal entities), which turned out to be blocked in the National Settlement Depository, is about 6 trillion rubles.

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