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-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 - http://www.enpublishing.co.uk

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.

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Publication:Global Banking News (GBN)
Date:Jan 9, 2013
Words:150
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