Following the Russian military invasion of Ukraine, Finance Minister Suzuki announced at a press conference after the Cabinet meeting on the 25th that it will freeze assets for three Russian banks as additional economic and financial sanctions. did.

In this, Minister of Finance Suzuki said, "The invasion by the Russian army shakes the foundation of the international order that does not allow unilateral changes in the status quo by force, and we will work closely with the international community to deal with it promptly. We will take swift and strong measures in line with Europe and the United States in fields such as finance and export control. In the financial field, we will freeze funds for three Russian banks that are subject to asset freezes by the United States and the EU. " , Revealed policy to impose additional financial sanctions.



The target


banks are ▽ Development Foreign Economic Bank,


▽ Proms Beer's Bank, and



Bank Rossiya.



In addition, Minister Suzuki, as the Minister of State for Financial Services, explained that he called on financial institutions to strengthen security measures, saying that the potential risk of cyber attacks is increasing. I made it known to the Financial Services Agency and the Finance Bureau as soon as possible. I would like to work closely with related organizations to ensure cyber security in the financial field. "