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PROMSVYAZBANK FILED A LAWSUIT AGAINST THE FORMER VTB BANK EUROPE

Promsvyazbank demands to recover losses from blocking financial transfer operations from Ost-West Handeslbank (formerly VTB Bank Europe). The corresponding claim was filed with the Arbitration Court of the capital (case no. A40-221329/2024). The applicant demands from Ost-West Handeslbank €12 million, ?43,355.1 and 11,704.1 francs in ruble equivalent at the exchange rate of the Central Bank. The hearing on the case will be held on December 13. Recall that after the introduction of European sanctions...

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