“Yandex” and Sberbank explained the impact of new sanctions on their business – RBC

Photo: Dmitry Rogulin / TASS

The spread of sectoral sanctions on the subsidiaries of the Savings Bank does not change the strength and scope of the Savings Bank has applied to the sanctions, the press service of the bank. The company “Yandex” was assured that the sanctions will not affect the operation of the service.

«Already in force since September 2014 sectoral sanctions to apply to both Sberbank Sberbank controlled companies with a share of direct and indirect ownership of 50 percent or more. Enable controlled entities of the Group of Sberbank in the sanctions lists did not change the scope and legal force applicable to the Savings Bank of sanctions “- quoted by Interfax news service of the bank

Another person involved in the extended sakntsionnogo list company” Yandex. Money “said that the inclusion in the sanctions list of the United States will not affect the operation of the company. This is stated in the message service in Facebook.

The US Treasury Department announced the expansion of the sanctions list on December 22. The Office has published two lists of Russian companies and individuals in sanctioned. First – SDN – the list of individuals and entities whose assets are to be frozen in the United States and who can not do business with Americans. The second part – the list SSIL, which includes companies that fall under the sectoral sanctions; they are forbidden to attract US companies and individual long-term funding.

The list SDN made Genbank, Inresbank, Sevastopol Marine Bank, CB “Upper Volga” Krayinvestbank, Mosoblbank. In addition, refer to the “Yalta film studio”, “Air Group Terminal,” sanatorium “Oreanda” State Concern “Massandra”, Plant of sparkling wines “New World”, several offshore companies.

Among the financial institutions American list of sectoral sanctions referred to VTB24, Bank VTB Africa, «Daughter” VTB Kazakhstan, Armenia, Azerbaijan, Belarus, Georgia, Serbia and Ukraine, “daughter” Savings Bank in Belarus, Switzerland, Austria and Ukraine, “VTB Capital Holding” Ltd. “VTB Insurance”, JSC “VTB Leasing”, JSC “Sberbank. Automated Trading System “Pension Fund of the Savings Bank, Ltd.” Sberbank Capital “, LLC” Financial Company Savings Bank “, JSC” Savings Insurance “, CJSC” Sberbank Leasing “, JSC” Sberbank Technology “,” Yandex “(in this company Sberbank holds a 75% stake). The sectoral list also included subsidiaries of the corporation “Rostec”, OAO “Moscow mechanical pilot plant,” holding “Schwabe”, JSC “Gals-Development” OPK “Oboronprom”, OAO “Rosoboronexport”, “Joint instrument-making company”, JSC ” Russian Helicopters “.