Armenian and Syrian banks restrict Russian transactions following EU sanctions
Banks in Armenia and Syria have begun suspending transactions involving Russian nationals after the European Union added Russia to its high-risk list for money laundering and terrorism financing. This move reflects concerns over losing access to the European financial system.
This was reported by Russian propaganda media
Armenia and Serbia are imposing restrictions on Russian operations to avoid jeopardising their financial ties with the European Union. This highlights the increasing international scrutiny and the impact of sanctions on Russian businesses abroad.
Going forward, pressure on Russian citizens and companies in the region may intensify, potentially deepening their isolation from global financial markets.
