Japan to freeze assets of four Russian banks

The measure will also affect VTB. Earlier, the Japanese authorities announced the freezing of VEB's assets,

Japan, within the framework of sanctions against RUSSIA because of the military operation in Ukraine, will freeze the assets of four Russian banks. This was announced by Finance Minister Shun'ichi Suzuki, reports NHK.

The restrictions will also affect VTB. The names of other financial organizations and the amount of their assets that are subject to freezing, the minister did not give.

Suzuki also said that Tokyo supports the decision of the European Union to disconnect seven Russian banks from the SWIFT system from March 12. In addition to VTB, we are talking about Otkritie, Promsvyazbank, Sovcombank, Rossiya Bank, Novikombank, and the state corporation VEB.

Japan joined the sanctions against the Central Bank of Russia and Putin Finance

On February 25, Suzuki announced that Japan would freeze the assets of VEB, Promsvyazbank and Rossiya Bank. A few days later, Tokyo followed the US , the EU and the UK in imposing sanctions against the Russian Central Bank and President Vladimir Putin.