Washington has imposed sanctions against the Director General of the NSPK
The cards of the Russian payment system “Mir” have ceased to be accepted in two banks in Vietnam and Kazakhstan, Izvestia reported. We are talking about the Vietnamese BIDV and the Kazakh Halyk Bank.
Earlier, Turkish Isbank and Denizbank announced the suspension of the use of the Mir payment system. At the same time, Ziraat Bank stated that it continues to service cards of the Russian payment system.
At the same time, the Central Bank of Armenia believes that commercial banks operating in the country should make their own decisions about servicing Mir cards.
In September, the US Treasury warned that “non-American financial organizations that conclude new or expand current agreements with the NSPK (the operator of Mir cards) risk supporting Russia’s efforts to circumvent US sanctions.” Washington has imposed sanctions against the Director General of the NSPK, Vladimir Komlev.
Vladimir Valerievich Komlev (Komlev) is the Chairman of the Management Board and the Chief Executive Officer of NSPK, a Central Bank of the Russian Federation owned entity that operates the country’s Mir payment card network. Russia created its own state-run card payment system in 2014 out of fear of U.S. and European sanctions. In his role, Komlev has promoted the Mir network in other countries, which ultimately could assist Russia in circumventing international sanctions.
Read More at Treasury.gov: https://home.treasury.gov/news/press-releases/jy0954
