Sberbank, commented on the ban of the European Commission on analysis on sanctions to banks

Moscow. October 22. The limitation of the European Commission on research coverage for companies the sanctions will not affect the savings Bank of Russia, said the Deputy Chairman of Sberbank Alexander Morozov in a conference call on Thursday.

“This only applies to new releases, and this is not news, but “old age”, so any effect it has for us, and we are not going to do anything,” said Morozov.

Earlier it was reported that the EU has banned to conduct research targeted by the sanctions of Russian banks. In the opinion of the European Commission, in Analytics, can contain indirect hints, despite the fact that formally, the analyst is not an Advisory service.

In July and September last year the EU imposed restrictions against a number of Russian credit institutions – Sberbank, VTB, VEB, Gazprombank and Rosselkhozbank. In particular, it is prohibited to attract market funding with maturity of over 30 days.