Sberbank logo. File photoTOKYO, Mar 26 Major Japanese banks, including Mitsubishi UFJ, Sumitomo Mitsui and Mizuho, are suspending dollar transactions with Russia's Sberbank starting March 26 in light of U.S. sanctions against Russia, Kyodo news agency reported. The article notes that when making transactions with Sberbank, Japanese financial institutions use American correspondent banks, and since the ban on any transactions involving Sberbank comes into force on March 26, any operations by the Japanese side with this Russian bank become impossible. .
Japan introduces new package of anti-Russian sanctions that a number of Japanese banks, in particular, Mitsubishi UFJ, have a policy of conducting foreign exchange transactions only in dollars. On February 25, in the light of events in Ukraine, sanctions were imposed on several large Russian banks, including Sberbank. Within 30 days, US financial institutions must close correspondent accounts of Sberbank and begin to reject any transactions with its participation. Russia launched a military operation in Ukraine on February 24. President Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.» For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. .jpg» />Japan announced the danger of a «collision» with Russia over the Kuriles
