The European Bank for Reconstruction and Development won’t cease operations in Russia even as sanctions over the conflict in Ukraine leave new financing on hold, according to the president of the London-based lender.
Bloomberg: Sanctions won’t push EBRD out of Russia, bank’s president says
Suma Chakrabarti (L), head of of the European Bank for Reconstruction and Development (EBRD), and Ukrainian Prime Minister Volodymyr Groysman deliver a press conference after the Nuclear Safety Account Pledging Conference in Kyiv on April 25.
