Russian business has lost money in Switzerland

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Photo: Stefano Rellandini / Reuters

Swiss Bank Credit Suisse has blocked about five billion Swiss francs (347 billion) in the accounts of Russian customers, writes Reuters. The decision was made pursuant to us sanctions.

“Credit Suisse, where he worked, has partnered with international regulators, to enforce sanctions, including sanctions related to Russia”, — said the Agency in a Bank.

Whose accounts were frozen is unknown. Of intent to comply with U.S. sanctions announced two Swiss banks: UBS and Julius Baer. About blocking their customers ‘ accounts is not reported.

In April investholding “Renova” Viktor Vekselberg, caught in the sanctions list of the U.S. Treasury, spoke about blocking the salary accounts of the employees of its Swiss branch. Later it became known about the freezing of a billion Swiss francs in the accounts of the Vekselberg in Julius Baer.

Video, photo All from Russia.



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