Russian and Ukrainian business dealings with Cypriot banks dwindled due to sanctions, banks say
Cyprus' banks say their exposure to risky Russian and Ukrainian businesses shrunk by more than 13,000 clients and 35,000 accounts, amounting to $2.17 billion, in the year after Moscow’s 2022 invasion of its neighbor as they adhered to sanctions that the U.N., the European Union, the U.S. and Britain have imposed on Russia
8:07AM ( 3 months ago )