Russia's largest banks criticise EU sanctions, seek to assure investors


  • World
  • Friday, 01 Aug 2014

MOSCOW (Reuters) - Russia's three largest banks sought to assure clients and investors on Thursday they had the resources necessary to fulfil obligations despite their inclusion on the EU's latest round of sanctions for Russia's role in the Ukraine crisis.

Russia's largest lender Sberbank as well as the country's second and third largest banks, VTB and Gazprombank, criticised the EU sanctions but largely dismissed the measures that cut them off from raising funding on the bloc's capital markets.

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