Credit Suisse bank froze over $19 billion in Russian assets, including funds belonging to the Russian Central Bank and state entities.

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.