{"id":77,"date":"2024-11-26T15:40:16","date_gmt":"2024-11-26T15:40:16","guid":{"rendered":"https:\/\/peremoga.com.ua\/en\/?p=77"},"modified":"2024-11-26T15:40:16","modified_gmt":"2024-11-26T15:40:16","slug":"banks-begin-to-put-pressure-on-putin","status":"publish","type":"post","link":"https:\/\/peremoga.com.ua\/en\/2024\/11\/26\/banks-begin-to-put-pressure-on-putin\/","title":{"rendered":"Banks begin to put pressure on Putin"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">British bank HSBC, the country\u2019s largest bank by assets, stops accepting payments from Russia. The sanctions imposed by the bank also apply to Belarus. This <a href=\"https:\/\/www.reuters.com\/business\/finance\/hsbc-stops-processing-all-russia-payments-retail-customers-2024-11-22\/\">was reported by<\/a> Reuters.<br>HSBC does not disclose the reasons for the new ban on payments. The bank has sent out a notice to customers warning that the ban will affect individuals and is imposed on any transactions from these countries.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-1-1024x576.jpg\" alt=\"\" class=\"wp-image-81\" srcset=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-1-1024x576.jpg 1024w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-1-300x169.jpg 300w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-1-768x432.jpg 768w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-1.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br>In May 2022, HSBC announced its withdrawal from the Russian market. However, due to the administrative influence of the dictatorial regime, it could not sell its assets in Russia. Subsequently, in the summer of 2023, HSBC stopped servicing payments for Russian companies that used the bank\u2019s Hong Kong branch for transactions with Asia. It was only in late spring 2024, two years later, that the bank managed to sell Expobank in the Russian domestic market. In a statement, Expobank said that the institution will continue to operate, but under a new, unspecified name.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"679\" src=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/European-Central-Bank-1024x679.jpg\" alt=\"\" class=\"wp-image-82\" srcset=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/European-Central-Bank-1024x679.jpg 1024w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/European-Central-Bank-300x199.jpg 300w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/European-Central-Bank-768x509.jpg 768w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/European-Central-Bank.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br>The imposition of sanctions by HSBC came a few days after the US imposed restrictions on Russian banks. The U.S. Treasury Department has disconnected 50 Russian banks from the SWIFT international payment system, including the state-owned Gazprombank. In addition, the US Treasury Department has also warned global credit organizations of sanctions for cooperation with Russia\u2019s \u201cSWIFT analog\u201d (Financial Messaging System \u2013 FMS).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/Raiffeisen-Bank-1024x576.jpg\" alt=\"\" class=\"wp-image-79\" srcset=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/Raiffeisen-Bank-1024x576.jpg 1024w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/Raiffeisen-Bank-300x169.jpg 300w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/Raiffeisen-Bank-768x432.jpg 768w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/Raiffeisen-Bank.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br>European banks are under increasing pressure from Washington and the European Central Bank to withdraw from Russia. The next in line to leave Russia is Austria\u2019s Raiffeisen Bank International, which is currently the largest European lender with operations in Russia. It is followed by the Italian financial institution UniCredit.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"686\" src=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-2-1024x686.jpg\" alt=\"\" class=\"wp-image-80\" srcset=\"https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-2-1024x686.jpg 1024w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-2-300x201.jpg 300w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-2-768x514.jpg 768w, https:\/\/peremoga.com.ua\/en\/wp-content\/uploads\/2024\/11\/HSBC-2.jpg 1075w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>British bank HSBC, the country\u2019s largest bank by assets, stops accepting payments from Russia. The sanctions imposed by the bank<\/p>\n","protected":false},"author":1,"featured_media":78,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[40,38,35,36,39,37,41],"class_list":["post-77","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-expobank","tag-hsbc","tag-raiffeisen-bank-international","tag-russia","tag-sanctions","tag-swift","tag-unicredit"],"_links":{"self":[{"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/posts\/77","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/comments?post=77"}],"version-history":[{"count":1,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/posts\/77\/revisions"}],"predecessor-version":[{"id":83,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/posts\/77\/revisions\/83"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/media\/78"}],"wp:attachment":[{"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/media?parent=77"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/categories?post=77"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peremoga.com.ua\/en\/wp-json\/wp\/v2\/tags?post=77"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}