Credit Suisse freezes Russian assets worth over 19 billion USD
Swiss bank Credit Suisse has frozen Russian assets worth more than $19 billion, which is a third of all Russian assets in the country
client/title.list_title
This was reported by Tages Anzeiger.
It is noted that Russian assets worth $8.1 billion have been officially frozen in Switzerland due to the war in Ukraine, but Credit Suisse has frozen assets worth another $19 billion.
More than $4 billion belong to persons who are sanctioned in Switzerland, and the rest belongs to the Russian Central Bank and the Russians who have been sanctioned in other countries.
-
Switzerland plans to cancel the ban on supplying Swiss-made weapons to Ukraine, although this would break centuries-old neutrality tradition.
Read also:
- News