All Russian Banks Under Sanctions Will Be Excluded From SWIFT, German Gov’t Says

Sputnik International

By Kirill Kurevlev

February 26, 2022

The West has imposed sweeping sanctions on the Russian economy after its President Putin announced on Thursday a special military operation in Ukraine to demilitarize and “de-nazify” the country.

All Russian banks already subjected to Western sanctions will be excluded from SWIFT, with the possibility open for other Russian banks to be excluded as well, the German government announced on Saturday.

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