The EC decision on banning to analyze the Russian banks will have no impact on the web

The EC decision on banning to analyze the Russian banks will have no impact on the web


In a press-service of VEB said that the ban of the European Commission European banks to produce analytical materials on the securities targeted by the sanctions of Russian companies will not affect the Bank.

MOSCOW, 22 Oct. The ban of the European Commission European banks to produce analytical materials on the securities targeted by the sanctions of Russian companies will not have a significant effect on the web, reported in a press-service of the Corporation.

“These amendments of the European Commission, released on September 25, a significant effect on the Bank’s activities will not have”, — said the press service of the Bank.

“In terms of traded instruments, they have quotes, thus without analytical studies of the European banks it is possible to do,” added the source.

The web after the introduction of EU sanctions does not produce new tools and already issued securities the Bank has established a positive and open relationship with bondholders, said the press service.

The ban of the European Commission European banks to produce analytical materials on the securities targeted by the sanctions of Russian companies, including Sberbank, no effect on the Bank will not have, as stated previously, the financial Director of the largest Russian Bank Alexander Morozov.

The European Commission this week banned European banks to produce analytical materials for the fall under the sanctions of Russian companies. According to the EC, the Analytics contained in research helps potential investors make decisions about buying, selling or maintaining assets. That is why such research should be prohibited.