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Japan's three major banks suspend dollar transactions with Russia's Sberbank.

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MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corp. will halt dollar transactions and money transfers with Russia's largest financial institution Sberbank following U.S. sanctions.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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"At a time when Russia continues its war of aggression against Ukraine, systematically destroying our cities, cultural heritage and national identity, granting one of the world’s most prestigious cultural platforms to a project connected to the Russian state and its networks of influence sends an extremely troubling signal," the Foreign Ministry said.

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