Sberbank, Rosselkhozbank and Moscow Credit Bank will be disconnected from SWIFT on June 14

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Sberbank, Rosselkhozbank and Moscow Credit Bank will be disconnected from SWIFT on June 14
Sberbank, Rosselkhozbank and Moscow Credit Bank will be disconnected from SWIFT on June 14
14 June, 11:45SocietyPhoto: 1MI
Starting today, June 14, the international banking information transfer system will stop servicing Sberbank, Rosselkhozbank and Moscow Credit Bank, which fell under the relevant EU sanctions.

It's worth reminding that before that VTB, Novikombank, Promsvyazbank, VEB.RF, Sovkombank, Rossiya and Otkritie were disconnected from SWIFT.

At the end of May, Sberbank shares fell amid reports that the sixth package of Western restrictive measures included the withdrawal of a credit institution from SWIFT. At the same time, the bank itself does not see this as a threat. The bank continues to operate as usual, despite the current Western sanctions.

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