Economy / FinanceEuropeRussia

This sanctioned Bank is now Norway’s most valuable asset in Russia

0

Sberbank is sanctioned by Norway and the European Union, but that did not hinder the Norwegian wealth fund to increase its share to 0,83%, the annual report 2020 shows. Norwegians are not allowed to buy or sell new bonds, equity or similar financial instruments with a maturity exceeding 90 days issued by Sberbank. This follows the European Union’s sanctions from 2014 after Moscow’s annexation of Crimea and destabilizing the situation in Eastern Ukraine. Norway follows the EU sanctions word-by-word. The sanctions, however, do not hinder Norway’s Government Pension Fund Global, known as the wealth fund, to buy more shares in…

This content is for Q17 Membership and Classified Membership members only.
Login Join Now
QNavy
QNavy is a pool a 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Russian MoD: footage of SSO – Sily spetsial’nykh operatsiy / Special Operations Forces – specialists

Previous article

Beirut is burning…again and again !

Next article

You may also like

Comments

Comments are closed.