The Keremet Bank in Kyrgyzstan said it suspended money transactions to several major Russian banks, RFE/RL’s Kyrgyz Service reported.
Last week, another bank in Kyrgyzstan, MBank, made a similar move. The 24.kg website reported on August 21 that after visiting 16 banks in Bishkek, the news agency’s journalists found that in all, 13 banks have suspended monetary transactions to major Russian banks.
The Tazabek website cited sources at the Kyrgyz National Bank as saying that all commercial banks in the country had been instructed to stop cooperation with Russian banks sanctioned by the West over Moscow’s invasion of Ukraine.
