Visa, Mastercard Block Russian Financial Institutions After Sanctions
March 1, 2022 U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of…
Incredible! Bank gives out $12bn ‘loan’ by mistake
Central African Republic (CAR)Â landed a windfall on Tuesday, at least on paper, when Russian state bank VTB reported it had lent the country 12 billion dollars. However, the bank…