Sanex: restrictions on foreign exchange transactions of Evrofinance – Moex

MOSCOW, March 15 (Reuters) – Russian-Venezuelan lender Evrofinance Mosnarbank, which has been subject to US sanctions, will retain market access to the Moscow Stock Exchange, but restrictions on its foreign exchange operations, announced Friday the Moscow Stock Exchange.

In a statement on Wednesday, the bank told customers it would not process payments in US dollars from March 11 due to its listing on the US sanctions list.

The bank was an active player on the Moscow Stock Exchange and in February was the 18th largest player in ruble swap transactions. (Report by Elena Fabrichnaya and Katya Golubkova, written by Tom Balmforth Edited by Peter Graff)