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Two Russian banks, including Bank Rossiya, the lender that was put on the U.S. Treasury's sanctions list, said Visa and MasterCard have stopped providing services to them. Bank Rossiya is a private bank owned by Yuri Kovalchuk, considered to be Russian President Vladimir Putin's longtime friend and banker. With about $10 billion in assets, Rossiya ranks as the 17th-largest bank in Russia and maintains numerous ties to banks in the United States, Europe and elsewhere. (Associated Press)
Photo by: Elena Ignatyeva
Two Russian banks, including Bank Rossiya, the lender that was put on the U.S. Treasury's sanctions list, said Visa and MasterCard have stopped providing services to them. Bank Rossiya is a private bank owned by Yuri Kovalchuk, considered to be Russian President Vladimir Putin's longtime friend and banker. With about $10 billion in assets, Rossiya ranks as the 17th-largest bank in Russia and maintains numerous ties to banks in the United States, Europe and elsewhere. (Associated Press)

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