Chinese UnionPay System Cuts Off Russian Bank Cards

Kyiv Post | Sep 3, 2022 at 9:56 AM
  • The Chinese payment system UnionPay has stopped accepting cards issued by Russian banks that are subject to sanctions.
  • Sberbank Kazakhstan has been a key participant in the financial market of Kazakhstan for many years.
  • On Aug. 11, RBC-Ukraine, referring to the half yearly report of Hungarian OTP Bank, published information that OTP Bank was considering exiting the Russian market and selling its Russian subsidiary.