This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEI5018B_L.jpg
FINMA imposed the measures on Sberbank (Switzerland) AG on March 4 following Russia’s invasion of Ukraine, which prompted a host of sanctions to be imposed by Western countries.
They were later extended through May 31, with FINMA on Wednesday adding on a further two months.
“The measures will remain in place until 2 August 2022 owing to heightened international sanctions and the continuing risks for the bank’s liquidity situation,” FINMA said in a statement.
