UK imposes sanctions against Novikombank, adds ban on correspondent accounts to 'old' measures against banks

KYIV. Dec 15 (Interfax-Ukraine) – The UK has imposed sanctions against Novikombank, Office of Financial Sanctions Implementation (OFSI) said in a statement.

The blocking of assets and other restrictive measures against the credit institution controlled by Rostec enter force on Friday.

At the same time, OFSI updated the wording of the existing sanctions against a whole group of Russian banks, including the addition of a ban on correspondent relations with them.

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