Russian banks | The Epoch Times

China’s UnionPay Reportedly Suspends Cooperation With Russian Banks Over Fear of Western Sanctions

China’s largest credit card brand UnionPay has reportedly suspended its negotiations with Russian banks on issuing new bank cards for their customers over fear of Western sanctions. According to The ...

April 28, 2022BY Julia Ye

Fitch Downgrades Ratings of 31 Russian Banks

Rating agency Fitch has downgraded the Long-Term Foreign Currency (LTFC) Issuer Default Ratings (IDRs) of 31 Russian banks ...

March 16, 2022BY Naveen Athrappully

Russian Investors Find Short-Term Solution to Western Sanctions Against Moscow, Expert Says

Converting foreign assets into Chinese yuan assets may be a short-term solution for Russian investors in the wake ...

March 14, 2022BY Anne Zhang

Beware of the Long-Term Implications of a Sino-Russian Alliance

Commentary As anticipated, Vladimir Putin has invaded Ukraine. As also anticipated, the West has responded with economic sanctions. ...

March 4, 2022BY Jack McPherrin

Japan to Freeze Assets of Four More Russian Banks From April 2

TOKYO—Japan will freeze the assets of four additional Russian banks from April 2, Finance Minister Shunichi Suzuki said ...

March 4, 2022BY Reuters

Top Russian Banks ‘Operating Normally,’ Downplay Impact of US Sanctions

Russian banks have shrugged off the impact of Washington’s sanctions, which were imposed following Russia’s invasion of Ukraine, ...

February 25, 2022BY Naveen Athrappully