Sberbank, VTB and “Yandex” grow, despite U.S. sanctions

Sberbank, VTB and “Yandex” grow, despite U.S. sanctions


The prefs of Sberbank grew by 0.62%, ordinary shares – 0.91%, VTB shares rose by 0.49%, while the shares of “Yandex” – on 2,31%.

MOSCOW, 23 Dec. Sberbank, VTB and Yandex are growing, despite increasing U.S. sanctions list against Russia, which included a number of subsidiaries of Sberbank and VTB and the online payment service “Yandex.Money.”

By 10.20 Moscow time the prefs of Sberbank grew by 0.62%, ordinary shares – 0.91%, VTB shares rose by 0.49%, while the shares of “Yandex” – on 2,31%. Thus, the MICEX index grew by 0.47%.

On Tuesday it became known that the list of sectoral sanctions were added, Banco VTB Africa, “daughter” VTB in Kazakhstan, Armenia, Austria, Belarus and Ukraine; VTB 24, “VTB-insurance”, VTB-leasing.

In addition, the list includes “daughter” of Sberbank in Belarus, Ukraine, Kazakhstan, Switzerland, and “Sberbank-Capital”, Sberbank Europe, “Sberbank capital”, “Sberbank insurance”, and Sberbank investments “Sberbank-leasing”.

The list includes also non-state pension funds (NPF) Sberbank and VTB, as well as the online payment service “Yandex.Money.”