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YANDEX COMPANY LIQUIDATES INVESTMENT SERVICE

... Bank, a former partner in dealing with securities, fell under strict foreign sanctions. The inability to trade assets of foreign companies led to an inevitable outcome. According to Interfax, platform users will be allowed to buy shares and other securities and replenish their accounts until April 11. After that, the service will be terminated. Clients of the service will be able to withdraw finances and sell shares until April 15, 2022. It is emphasized that "Yandex" guarantee not only the phased elimination of the project. Even after its complete closure, users will still be able to access their funds through the company's website or through the bank's application. Users will be allowed to transfer assets to another broker. The information service worked in Russia for about two years. The company ...

Modified: 04.07.2022
Yandex , Yandex investments , investments , VTB , sanctions , finance , securities , stock exchange , liquidation , closure
Path: РусБанкрот - СМИ
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