The London Stock Exchange (LSE) has suspended the membership of VTB Capital after the imposition of sanctions on the company’s parent structure – VTB Bank, follows from the message of the exchange.

„The London Stock Exchange immediately suspended the membership of VTB Capital,” the statement said.
On Thursday, February 24, British Prime Minister Boris Johnson announced that the UK and the US are imposing sanctions against VTB in response to Russia’s military operation in Ukraine. Sanctions have been imposed against VTB, which involve blocking all the bank’s assets in these countries, as well as a ban on transactions involving VTB in currencies and with counterparties from these countries.