Austrian bank in the crosshairs of American sanctions
| The US Treasury is considering sanctioning an Austrian bank because of its ties to Russia. |
According to Webangah News quoted by Mehr News Agency, according to Rashatoudi, the American government is going to sanction the Austrian bank on the suspicion of contributing to the Russian military budget.
The Reuters news agency, citing the US Treasury Department, reported that if the actions of the Raiffeisen International Bank of Austria, the largest foreign lender in Russia, are revealed, the budget The Russian military has helped, it faces the risk of being removed from the US financial system.
Anna Morris, a senior US Treasury official, announced earlier this week that as part of Washington’s renewed sanctions push, Austrian banks have been encouraged to examine the issue in their communications with Russia and take mitigation measures.
News website “EU Burroughs” reported on Saturday that the Austrian bank has confirmed talks with the US on possible sanctions due to business in Russia. .
Raiffeisen is one of the largest western lending banks still operating in Russia. This bank, along with Italy’s UniCredit, is one of only two foreign banks that is included in the list of 13 important credit institutions of the Central Bank of Russia.
