U.S. Treasury issues general license for wind-down of transactions involving Sberbank units
The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank Europe AG through July 11.
Source: www.reuters.com
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BOSTON (Reuters) - The U.S. Treasury said on Tuesday it was issuing a general license authorizing the wind-down of transactions involving SB Sberbank Kazakhstan and Sberbank Europe AG through July 11.
The United States last week announced a new round of sanctions targeting Russian financial institutions including Sberbank.
Reporting by Chris Gallagher; Editing by Katharine Jackson
