Ukraine Crisis: UK To Impose Sanctions On 5 Russian Banks
NDTV
Russia-Ukraine Crisis: The sanctions will target Rossiya bank, IS bank, General bank, Promsvyazbank and Black Sea bank, said British Prime Minister Boris Johnson in parliament.
Britain on Tuesday slapped sanctions on five Russian banks and three billionaires, in what Prime Minister Boris Johnson called "the first barrage" of measures in response to the Kremlin's actions in Ukraine.
Addressing the UK parliament hours after Russia ordered troops into two Moscow-backed Ukrainian rebel regions, Johnson described it as "a renewed invasion" of its western neighbour and "pretext for a full-scale offensive".
"The UK and our allies will begin to impose the sanctions on Russia that we have already prepared... to sanction Russian individuals and entities of strategic importance to the Kremlin," he told MPs.
The British leader said further sanctions were "at readiness to be deployed" if the Kremlin showed further aggression in what he predicted would be "a protracted crisis".
