US Sanctions Remove Gazprombank App, Impact Major Russian Banks
In a significant move, the US-imposed sanctions have led to the removal of Gazprombank's app from the App Store. This action, taken in November 2024, follows the US targeting over 100 Russian entities, including Gazprombank. The impact extends beyond Gazprombank, with clients of major Russian banks like Sberbank, VTB, and Alfa-bank facing restricted access to app downloads and updates on both Google Play and App Store.
This development is not isolated but part of a broader trend. Back in 2022, mobile apps of Russian banks began to disappear from app stores due to blocking sanctions. In response to the US sanctions pressure against Gazprombank in November 2024, an adaptive web app for financial transactions was released on the App Store. However, the company behind this app remains undisclosed as of now.
The removal of Gazprombank's app and the restricted access for clients of major Russian banks highlight the far-reaching effects of US sanctions. While alternative solutions like adaptive web apps emerge, the lack of transparency around their origin underscores the complex landscape of financial services in the face of international pressure.
Read also:
- Tesla is reportedly staying away from the solid-state battery trend, as suggested by indications from CATL and Panasonic.
- UK automaker, Jaguar Land Rover, to commit £500 million for electric vehicle manufacturing in Merseyside
- XPeng Boosts Leadership, Vienna's EV Interest Surges, Used EV Market Shifts
- IAEA Urges Action as Zaporizhzhia Nuclear Plant's Power Crisis Worsens
