30.07.2014 16:39
YEREVAN, July 30. / ARKA /. VTB Bank (Armenia), a subsidiary of Russia’s second largest bank, VTB, said on Monday that the new Western sanctions targeting major sectors of the Russian economy, including VTB Bank, will have no impact on its customers.
The Armenia-based bank said in a statement that it will continue providing the full range of services and respecting its obligations in all currencies, with which it works.
The latest Western measures target major sectors of the Russian economy, including weapons, energy and finance. Three large banks – VTB Bank OAO, Bank of Moscow and the Russian Agricultural Bank – have been cut off from the US economy.
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