Bank of Russia’s position on recovering damages caused by illegal actions of European banks

In view of the ongoing attempts by European Union (EU) authorities to illegally seize and use the Bank of Russia’s assets held in EU financial institutions, without its consent, including by imposing an indefinite freeze on its assets, the Bank of Russia, in accordance with its previously declared official position on protecting its interests, announces that it will claim damages from European banks in a Russian arbitration court for the illegal blocking and use of its assets, in the amount of the illegally withheld assets and lost profit.

As a reminder, the Bank of Russia has previously filed a lawsuit against Euroclear with the Moscow City Arbitration Court.

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18.12.2025 14.40.29