Printer Friendly

-US treasury warns Russian banks on dealing with blacklisted Syrian banks.

Global Banking News-January 9, 2013--US treasury warns Russian banks on dealing with blacklisted Syrian banks(C)2013 ENPublishing -

Global Banking News - 09 January 2013

A US treasury official has stated that Russia has been warned that if they continue to deal with two blacklisted Syrian financial companies, they could risk being shunned by US and other banks.

The two institutions blacklisted by the US are the central bank of Syria and the state-owned Commercial bank of Syria. According to Reuters, the official did not reveal which banks in Russia were specifically given the warning.

The two banks had also been targeted by the European Union, the Arab League, Australia and Japan in addition to the blacklisting by the US, according to the treasury official.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -
COPYRIGHT 2013 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Jan 9, 2013
Previous Article:-Gold export from Turkish banks to Iran continues despite US pressure.
Next Article:-Fitch recommends global settlement between Swiss banks and US regulators.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters