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MTS Bank hit with new US sanctions
February 26th, 2023 - 08:59 GMT

UAE weighs 'options' on US-sanctions hit Russian bank

ALBAWABA — The United Arab Emirates is studying "available options" after a Russian bank given a license to operate in the Gulf state was hit by a new wave of sanctions by the United States. MTS Bank, approved for its license last year, was one of more than 200 entities and individuals targeted on Friday by the fresh sanctions on the first anniversary of Russia's invasion of Ukraine. “The United ...
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