` Vladimir Putin is to Open a bank account with ` Rossiya ‘ and Chechen Leader Kadyrov follows Suit ‘

#AceFinanceNews – Russian President Vladimir Putin intends to open an account in Russian bank Rossiya which came under US sanctions.

Putin has made a statement at a meeting of the Russian Security Council after Russian Foreign Minister Sergey Lavrov’s report on introduction of US sanctions against Russia.

“As far as I understand, this is a middle-size bank,” Putin noted. “I do not have an account there, but I will compulsorily open an account there on Monday,” he pledged.

MOSCOW. March 21 (Interfax) – Chechen leader Ramzan Kadyrov has ordered the opening of an account with Russia Bank included in the United States’ sanctions list.

“The decision over the sanctions with respect to the bank shows it is a reliable bank, if the U.S. does not like it. So I’ve ordered an account to be opened with the bank immediately to have my salary transferred to the card,” Kadyrov wrote on Instagram.

The Chechen leader also said he decided to offer to the bank’s top management to open a branch in his republic.

“I am certain Russia Bank, of which few have known until recently, will see its business perk up,” Kadyrov added.

Russian News – Interfax – Media

#AFN2014

#ramzan-kadyrov, #russian-president-vladimir-putin, #russian-security-council, #us