The expansion of sanctions against Russian banks and their subsidiaries in Kazakhstan has affected the operation of these banks. This was announced by the chairman of the National Bank of the Republic of Kazakhstan at a government meeting, Kazpravda.kz reports.
“The expansion of sanctions against Russian banks and their subsidiaries in Kazakhstan affected the work of these banks, in particular, transfers in dollars, euros and card transactions, as the international payment systems Visa and Mastercard limited operations on their cards,” Galymzhan Pirmatov said.
The National Bank, he said, provides banks with assistance aimed at supporting their customer service. Subsidiary banks of Russian banks are provided with tenge in cash in the regular mode without restrictions.
“Sanctions and restrictions imposed on these banks are not related and do not affect the activities of Kazakh banks,” the head of the National Bank assured.
