The European Union may disconnect even more Russian banks from SWIFT

05 March 2022, 03:11 | Policy
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EU High Representative for Foreign Affairs and Security Policy Josep Borrell allowed the expansion of the list of Russian banks that will not be able to use the SWIFT system.

This is reported by the correspondent of the BBC in Brussels..

The European official admitted that the member countries are considering the option of expanding the list of sanctioned financial institutions. However, no further decisions have been made yet..

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From March 12, 7 Russian banks will be disconnected from the SWIFT interbank payment system. This list includes VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB. RF.




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