Fri. Feb 23rd, 2024

Date: December 25, 2023 Time: 11:41:56

According to her, the Central Bank was in many respects prepared for the 2022 sanctions. First of all, we are talking about the banking system, the threat of being disconnected from SWIFT arose in 2014.

“The problem, that’s exactly the problem, is international payments, which are still a problem, although we are trying to solve it,” Nabiullina said.

“Of course, the blocking and freezing of the assets of individuals, millions of people who were not subject to sanctions, but who ended up with their assets frozen, became a very painful issue,” added the head of the regulator.

Nabiullina also did not rule out a new increase in sanctioning pressure. “This risk certainly exists,” said the president of the Central Bank, adding that “the sanctions policy is completely impossible to predict.”

By NAIS

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