US slaps full blocking sanctions against Sberbank, Alfa-Bank

WASHINGTON, Apr 6 (PRIME) -- The U.S. has introduced full blocking sanctions against Russia’s systemically important Sberbank and Alfa-Bank, a high-ranking representative of the U.S. administration said during a conference call on Wednesday.

The full sanctions are now covering two thirds of the Russian banking sector, he added.

The U.S. has also introduced a ban on new investment in Russia.

The sanctions can be eased in case of positive development of the Ukrainian crisis, the official added.

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