Russia's SMP Bank: About 9 Billion Roubles Withdrawn Since Sanctions

Russian bank SMP showed the impact of U.S. punitive measures over Ukraine on Monday, saying around 9 billion roubles [$248 million] had been withdrawn by depositors since Washington imposed sanctions against two of its shareholders last week. Washington imposed sanctions on Thursday against 20 Russians close to President Vladimir Putin over Moscow's involvement in the Ukraine crisis, including Boris Rotenberg and his older brother Arkady, the co-owners of SMP Bank. SMP CEO Dmitry...

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