The United States has included a number of Sberbank Group companies, including subsidiary banks in Ukraine and Kazakhstan, Cetelem Bank, bankrupt Sberbank Europe AG and payment service YooMoney, in its sanctions list, a statement from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) indicated.
Sberbank Insurance, Sberbank Life Insurance, Sberbank Insurance Broker, Sberbank Leasing, Sberbank Factoring, NPF Sberbank, Sberbank-AST, Sberbank Capital, Sberbank CIB and Strategy Partners have also been included in the OFAC Specially Designated Nationals List (SDN List), as has United Credit Bureau, in which Sberbank holds a 50% according to the latest disclosure.
The SDN List now also includes Digital Technologies, a company through which Russia’s top bank invested in a range of information technology companies.
The United States on Wednesday imposed blocking sanctions against Sberbank that call for freezing assets in the U.S. and bar U.S. citizens from doing any business with the bank. The UK imposed similar sanctions against Sberbank.
The United States imposed correspondent and payable-through account sanctions against Sberbank in February 2022.
