` Russian Bank is named as ` Bank Rossiya ' the US Treasury has Confirmed '

#AceFinanceNews – Moscow – March 20. – Russian President Vladimir Putin, – A White House official said the latest wave of US sanctions targeted 20 Russian individuals with interests in the Crimea.

The Russian bank being targeted – for supporting government officials – is Bank Rossiya, the US Treasury said.

Background : Bank Rossiya – Rossiya is a universal financial credit institution offering a full range of banking services to corporate and private clients. As one of the first Russian private banks in 1990 of Rossiya multiplies its assets and liabilities are made on time to customers.

Since the foundation of the activities of Rossiya aimed at supporting enterprises major industries.

The development strategy of the Bank, on the one hand, combines intelligent and time-proven conservative, and on the other is the flexibility in fiscal policy, timely and large-scale development of new products and technologies.

The Bank is always committed to the principles of maximum efficiency of the business, carrying out strategic investments in various sectors of the economy. To date, the banking group is the most dynamically developing SOGAZ Insurance Group, a group of leasing companies Zest, National Media Group, which includes REN-TV, TRC 5th channel and of Channel, a number of service companies.

Among the 20 individuals facing sanctions are members of Russian President Vladimir Putin’s inner circle. March 20 – 17.57 GMT – http://wp.me/p165ui-4r0

They include his chief of staff Sergei Ivanov and wealthy businessmen Arkady Rotenberg and Gennady Timchenko.

Those targeted will be unable to make transactions in dollars, will have any assets in the US frozen and will be barred from doing business in the US.

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