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BNP Paribas will interrupt its services in Russia

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Tuesday, 22 March, 2022, 10:36
BNP Paribas will interrupt its services in Russia

The French banking giant announced on Monday evening that its Russian subsidiary (BNP Paribas ZAO) ''will no longer be able to process transactions [de ses clients] from the end of March.

The group, which explains ''strictly respect all international sanctions'' specified in ''initially, decided to suspend any new financing and, secondly, decided to suspend any new project in Russia'', a-t- he stated in a brief statement.