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Pedestrians walk past Russia's Finance Ministry building in Moscow, Russia (Photo Credit: Reuters)
Pedestrians walk past Russia's Finance Ministry building in Moscow, Russia (Photo Credit: Reuters)

No Russian financial institution safe if 'Invasion' of Ukraine proceeds: US Official

ANI | Updated: Feb 23, 2022 03:23 IST


Washington [US], February 23 (ANI/Sputnik): No Russian financial institution can feel safe if the "invasion" of Ukraine proceeds, with the United States standing ready to take further action against the largest Russian banks, including Sberbank and VTB, a senior US administration official told a press briefing.

"No Russian financial institution is safe. If this invasion proceeds, we are ready to press a button to take further action on the very largest Russian financial institutions, including Sberbank and VTB, which collectively hold almost $750 billion in assets or more than half the total in Russia as a whole," the official said on Tuesday. (ANI/Sputnik)

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