Putin pledges support for sanctions-hit Russian bank


  • World
  • Saturday, 22 Mar 2014

MOSCOW (Reuters) - Russian President Vladimir Putin pledged support on Friday to a secretive bank long-associated with the Kremlin that was hit by U.S. sanctions and which serves clients in Russia's energy sector, including businesses owned by Gazprom.

Bank Rossiya, 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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