16.11.2023, Tel-Aviv.
Israeli banks blocked accounts with securities owned by Russian citizens. RBK informed on November 16 referring to financier Mark Oigman.
“This week they started an all-out blocking [of Russian citizens’ accounts with assets with Euroclear in the chain]. According to our information, most of Israel’s major banks have already taken steps to block assets,” Oigman said.
According to the expert, most of the major banks in Israel have already taken a number of steps to block assets. At the same time, all investors who invested in Russian assets, even if they have Israeli citizenship, will be blocked.
“Many people last week sold everything they could sell not to fall under segregation,” Eigman emphasized.
The reason for the blocking was the Belgian depository Euroclear’s prescription to Israeli financial organizations regarding investors who have Russian citizenship. This requirement came into force on November 13, RBK noted.
Source: Rossa Primavera News Agency
