Credit Suisse bank froze over $19 billion in Russian assets, including funds belonging to the Russian Central Bank and state entities.
Two or more independent sources agree on the core facts. Additional sources would further strengthen this assessment.
How we assess confidence →Entities
Source Reports
What each source reports. "Source tone" reflects the language used by the outlet — it is not an independent verification.
Credit Suisse blocked over $19 billion in Russian money, representing a third of all declared Russian assets in Switzerland.
Of the frozen amount, only $4.32 billion belonged to individuals on Swedish sanctions lists, while $14.7 billion belonged to people under other countries’ sanctions.
Credit Suisse froze funds of the Russian Central Bank and the Russian state.
Credit Suisse blocked Russian assets worth more than $19 billion, which constitutes a third of all declared Russian assets in Switzerland.
Of the blocked amount, 4.32 billion belonged to persons previously sanctioned by Swiss authorities, while 14.7 billion concerned persons sanctioned in other countries.
Credit Suisse froze the funds of the Russian Central Bank.
The blocking took place within the framework of sanctions imposed on the Russian Federation due to the full-scale invasion of Ukraine.
Share This Event
Know another source?
If you've seen this event covered by another news outlet, submit it for editorial review. Approved sources improve our confidence ratings.
This event is rated likely. One more trusted source could elevate it to verified.
Extraction metadata
Extracted: 2026-05-30T04:27:03.240Z
Source story: swiss-media-credit-suisse-bank-freezes-19-billion-in-russian-assets