Russia-Ukraine Daily News on Nostr: 🇷🇺 Russian state-controlled “defense bank” Promsvyazbank has announced the ...
🇷🇺 Russian state-controlled “defense bank” Promsvyazbank has announced the launch of a service of cross-border settlements for international trade contracts with any country.
It is not clear in what capacity PSB wants to participate in cross-border settlements, given that it is one of the most sanctioned Russian banks officially servicing the Russian military-industrial complex.
https://www.themoscowtimes.com/2024/10/11/sanctioned-russian-defense-bank-promsvyazbank-to-launch-cross-border-trade-transfers-a86662
#russia #banking #sanctions
It is not clear in what capacity PSB wants to participate in cross-border settlements, given that it is one of the most sanctioned Russian banks officially servicing the Russian military-industrial complex.
https://www.themoscowtimes.com/2024/10/11/sanctioned-russian-defense-bank-promsvyazbank-to-launch-cross-border-trade-transfers-a86662
#russia #banking #sanctions