Uzbekistan’s Asia-Invest Bank Comments On Potential SWIFT Disconnection
Published
The Asia-Invest Bank, owned by the government of Uzbekistan, responded to reports suggesting it could be disconnected from the SWIFT network, stating that such information is not official.
«The bank is operating as usual,» the financial institution confirmed on its official website.
As reported by Kursiv Uzbekistan, an investigation by the System project revealed that Asia-Invest Bank might be included in the 16th package of European Union sanctions targeting Russia.
Founded in 1996 through an agreement between Russia and Uzbekistan, Asia-Invest Bank’s major shareholder is the National Bank for Foreign Economic Activity, which is established by the Cabinet of Ministers of Uzbekistan.
