VTB
VTB is one of the largest state-owned banks in Russia, founded in 1990. It is controlled by the Russian government, with its headquarters in Moscow. Following the annexation of Crimea and the armed conflict in eastern Ukraine, VTB has been subject to extensive international sanctions. The bank provides a wide range of financial services to both individuals and corporate clients.
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US imposes new sanctions on Russia's VTB Bank over Iran sanctions evasion
The US Treasury announced new sanctions on Russia's second-largest bank, VTB, accusing it of helping Iran circumvent existing restrictions. The measures are framed as part of a US pressure campaign on Tehran and supplement sanctions imposed on VTB in 2022 after Russia's full-scale invasion of Ukraine.
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Budanov: new round of Ukraine–US–Russia peace talks being prepared for October
Head of the Office of the President of Ukraine Kyrylo Budanov said on September 12 that a new round of trilateral Ukraine–US–Russia peace talks is being prepared for October. He confirmed the trilateral format but did not disclose a possible venue, and said Ukraine is preparing for an October meeting. The statement came on the sidelines of the YES conference in Kyiv.