08:21 GMT +319 January 2020
Listen Live
    Latin America
    Get short URL

    MOSCOW (Sputnik) - After consultations with the Venezuelan side and businesses, the Russian authorities have decided to transfer the accounts of Venezuelan firms in Russia to the Moscow-based joint-stock company Bank Russian Financial Corporation (RFC-bank), two sources close to the negotiations told Sputnik on Tuesday.

    “RFC-bank will become the core bank for servicing all Venezuelan enterprises, first of all, the PDVSA [state-owned oil and natural gas company],” one of the sources said without providing other details.

    READ MORE: Moscow Vows ‘Tough Response’ to Attacks on Russian Investments in Venezuela

    Bank Russian Financial Corporation, founded in 1993, provides services to Russia's strategic companies and the defence industry, according to the Bank of Russia's website.


    Venezuelan Oil Min. to Visit Moscow to Formalise PDVSA Office Transfer - Caracas
    Venezuela’s Ex-Envoy Dubs Russia, China, Turkey ‘Anti-Democratic Rogue Nations’
    Guaido Announces Venezuelan Opposition Actions After Latin American Trip
    Moscow Monitoring Talks of US Military Intervention in Venezuela - Russian PM
    Argentinian and Chilean Citizens Show How Things Really Are in Venezuela
    Russia, Venezuela
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik