EICD blocks Rosbank's correspondent account

European International Central Depository Clearstream has blocked Rosbank's correspondent account.

"Clearstream Banking informs customers that following the June 29, 2022 sanctions imposed by Great Britain against [entrepreneur] Vladimir Potanin <...> Rosbank can no longer receive income from securities issued outside Russia and denominated in Russian rubles," the credit institution said in a statement posted on its website.