Swiss bank freezes almost $20bln in Russian assets
Read on the website Vestnik KavkazaSwiss bank Credit Suisse blocked over $19 billion in Russian money, according to SonntagsZeitung newspaper.
By doing so, Credit Suisse alone reportedly froze a third of all declared Russian assets in Switzerland.
According to the publication, out of the $19 billion, only $4.32 billion belong to people from the Swedish sanctions list. The remaining $14.7 billion are that of people under other countries’ sanctions.
Credit Suisse also reportedly froze funds of the Russian Central Bank or the Russian state.