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BNP Paribas stops new business in Russia

22 March 2022 13:10 (UTC+04:00)
BNP Paribas stops new business in Russia

By Trend

BNP Paribas SA is stopping all new business in Russia, joining European peers in winding down their local operations, Trend reports citing Bloomberg.

The Paris-based bank has informed its corporate clients that its local unit will no longer be able to process their transactions from the end of March, the bank said in an emailed statement on Monday.

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