Putin pledges supports for sanctions-hit lender to energy sector


  • World
  • Friday, 21 Mar 2014

MOSCOW (Reuters) - Russian President Vladimir Putin pledged his support on Friday for Bank Rossiya, a lender hit by U.S. sanctions which mainly serves clients in Russia's energy sector including businesses owned by state-run gas producer Gazprom.

The bank and its biggest shareholder Yuri Kovalchuk were included in a new wave of punitive measures by Washington targeted at Putin's close allies over the crisis in Ukraine.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Young Europeans are spending money in the metaverse
North Korea accuses US of politicizing human rights issues
This exoskeleton can boost your physical capabilities
This AI-focused chip is powered by light
Study warns users about health information on TikTok
Canada's British Columbia calls off drug decriminalization pilot project
3 killed after building collapses in north Nigeria
Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
Chinese company to build photovoltaic factory in Saudi port
Nearly 23 pct of Canadian population reported food insecurity in 2022

Others Also Read