The US has imposed sanctions on Gazprombank, one of the few major Russian lenders not already blacklisted over Moscow’s invasion of Ukraine, in a move aimed at restricting the Kremlin’s ability to finance its war effort.
The listing announced on Thursday in effect bans state-owned Gazprombank, the main conduit for Russian energy payments, and its six international subsidiaries from the US-dominated global finance system.
Source: Financial Times