Moscow Court Orders Euroclear Bank to Pay Russia's Sber Over $390Mln

NAMPA / Sputnik

2025-10-16

MOSCOW, October 16 (RIA Novosti) - The Moscow Arbitration Court has granted a suit filed by the largest Russian lender Sber, ruling that Belgium-based Euroclear Bank should pay the plaintiff approximately 31.6 billion rubles ($392 million) in damages and lost profits, a RIA Novosti correspondent reported from the courtroom on Thursday. Sber sought damages equal to the earnings on its securities frozen by Euroclear due to sanctions, totaling over......

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