New EU sanctions on Russia to target Sberbank, Commission head tells paper

The European Union's forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission Ursula von der Leyen told a German newspaper.

Bild am Sonntag, in an interview published on Sunday, asked her to name the key points of a planned sixth round of sanctions.

"We are looking further at the banking sector, especially Sberbank, which accounts for 37% of the Russian banking sector. And, of course, there are energy issues," she said.

Read more at: New EU sanctions on Russia to target Sberbank, Commission head tells paper | Reuters