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The Independent UK

National

Ashley Cowburn and Rob Merrick

UK government freezes assets of Russia’s largest bank in latest sanctions

United Kingdom Russia United States Vladimir Putin Kremlin

EPA

The UK has imposed an asset freeze on the Kremlin’s largest bank and an end to all new investment into Russia, the government has announced.

The asset freezes will apply against Sberbank — Russia’s largest bank — in coordination with the United States’ sanctions, and the Credit Bank of Moscow.

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