Putin promises to protect, patronise bank hit by U.S. sanctions

by Reuters
Friday, 21 March 2014 11:05 GMT

MOSCOW, March 21 (Reuters) - President Vladimir Putin on Friday vowed to protect Bank Rossiya, a Russian bank subjected to U.S. sanctions over Moscow's annexation of Ukraine's Crimea region, and said he would keep his salary there.

Putin's remarks were a rebuke to the United States, which said it singled out Bank Rossiya because it is the personal bank for senior Russian officials and is controlled by an associate of Putin. He said the St. Petersburg-based bank had nothing to do with the events in Crimea. (Reporting by Alexei Anishchuk; Writing by Steve Gutterman, editing by Elizabeth Piper)


Latest News