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.

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