SWIFT Archives | World Economic Magazine

How sanctions complicated day-to-day banking for Russians

Financial sanctions against Russia have strangled its banks' profits and wrecked many lenders' international operations, but one year after Moscow…

3 years ago

Russia widened its gas cuts to Europe on Tuesday with Gazprom (GAZP.MM) turning off supply to top Dutch trader GasTerra escalating the…

3 years ago

The European Union aims to cut off Sberbank (SBER.MM), Russia's largest lender, from the SWIFT international payment system as Western allies…

4 years ago

Russia's largest lender Sberbank (SBER.MM) on Friday said sanctions on its operations meant its customers would be unable to transfer funds in…

4 years ago

Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come…

4 years ago

The European Commission has prepared a new package of sanctions against Russia and Belarus over the invasion of Ukraine that…

4 years ago

The European arm of Sberbank (SBER.MM), Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a…

4 years ago

The European arm of Sberbank (SBER.MM) , Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a…

4 years ago

The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to…

4 years ago

Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled…

4 years ago