Deripaska denied credit

Just over a month ago, the US Department of Treasury added Oleg Deripaska and his controlled companies to the sanctions list.

This turn of events has led to serious consequences for the oligarch, which are snowballing. Today, it became known that VTB Bank decided to completely cease lending to Deripaska's enterprises. This was announced by the head of the financial institution.

Moreover, the bank is not conducting any transactions with Deripaska. The institution is awaiting a decision from OFAC regarding "Rusal" and the billionaire's other enterprises. Financiers are hoping for a positive outcome. Only this will help them recover the money previously issued as loans to Deripaska.