Bank Of Baku

President of Bank VTB: “Removal of Russia from the SWIFT system means beginning of the war”

President of Bank VTB: “Removal of Russia from the SWIFT system means beginning of the war”
# 04 December 2014 09:03 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Removal of Russia from the SWIFT system means beginning of the war, said the President of Bank VTB (Russia) Andrei Kostin, APA-Economics reports quoting German Handelsblatt newspaper.  

 

Kostin said that Russia’s banking system is the weakest segment of Russia’s economy as it is significantly based on dollar and euro.

 

“US ambassador to Russia should leave Moscow on that day when Russian banks are removed from the SWIFT system”, he said.

 

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