Rosbank not concerned about Clearstream block on correspondent account.
M2 EQUITYBITES-July 4, 2022--Rosbank not concerned about Clearstream block on correspondent account
(C)2022 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 04 July 2022
Russia-based Rosbank (ROSB.MM) said that it is not concerned about a decision by European clearing house, Clearstream to block its correspondent account with the firm, according to Reuters,.
The Russian bank said that the move would not have a significant negative effect on its operations. Clearstream said that it is taking the measure because of UK sanctions on Rosbank's majority...
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