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Official: 10 Kyrgyzstan's banks stop servicing Mir cards

BISHKEK, Dec 2 (PRIME) -- About 10 Kyrgyz banks have stopped servicing Russia's Mir pay cards fearing secondary sanctions, Deputy Chairman of the National Bank of the Kyrgyz Republic Kayip Kulenbekov said on Friday.

"About 10 banks have refused to service Mir cards because of a threat of secondary sanctions," the official said, adding that the authority did not intervene in the process.

Kulenbekov did not disclose the names of the banks, and it is unclear whether more banks joined the practice.

About 50% of Kyrgyz banks stopped Mir card services as of Friday.

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02.12.2022 13:35