Tag: Gazprombank

• Monday, February 18th 2019 - 10:08 UTC

  Russian bank freezes Venezuela's oil company accounts, fearing US sanctions

  

  Russian lender Gazprombank has frozen the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under US sanctions, according to Reuters.

• Monday, February 11th 2019 - 08:40 UTC

  PDVSA telling customers to deposit oil sales in an account of Russia's Gazprombank

  

  Venezuela's state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia's Gazprombank AO, according to sources and an internal document, reported Reuters on Saturday.