(BFW) Russian Banks’ EU-Based Units Subject to Financing Ban: Official


BFW 07/30 09:59 Loans To, From Russia Banks Excluded From Sanctions: EU Official
BN 07/30 10:09 *FINANCING BAN APPLIES TO EU INVESTORS ON RUSSIA MKT: OFFICIAL
BN 07/30 09:57 *EU-BASED UNITS OF RUSSIA BANKS SUBJECT TO FINANCE BAN: OFFICIAL
BN 07/30 09:52 *LOANS TO, FROM RUSSIA BANKS EXCLUDED FROM SANCTIONS:EU OFFICIAL

Russian Banks’ EU-Based Units Subject to Financing Ban: Official
2014-07-30 10:16:32.896 GMT


By James G. Neuger
July 30 (Bloomberg) -- European Union ban on new share,
bond sales by major Russian state-owned banks will cover those
banks’ EU-based subsidiaries, EU official says.
* Loans to and from Russian banks will not be prohibited,
official tells reporters in Brussels
* EU investors barred from buying new share, bond sales by
major Russian state-owned banks on the Russian market as
well, official says
* NOTE: EU Joins U.S. in Escalating Pressure on Russian
Finance {NSN N9IL196K50Y2 <GO>}
* NOTE: Russian Central Bank Pledges to Aid Sanctioned Lenders
if Needed {NSN N9IREG6K50XU <GO>}


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To contact the reporter on this story:
James G. Neuger in Brussels at +32-2-285-4301 or
jneuger@bloomberg.net

To contact the editor responsible for this story:
Jones Hayden at +32-2-285-4312 or
jhayden1@bloomberg.net