Blocking US sanctions includes not only asset freezes but also banning US companies doing business with these banks. As a result, Sberbank and Alfa-Bank programs can be removed from the App Store and Google Play. In this case, customers will need to use mobile banking via a web browser.

It will be remembered that the US authorities announced the introduction of full blocking sanctions against Sberbank and Alfa-Bank. These sanctions include freezing the assets of banks and banning US citizens and companies that do business with them. In addition, Washington imposes a ban on new investments in the Russian economy. The White House said the move, as well as sanctions against Sberbank and Alfa-Bank, should deprive Russia of access to the dollar so that the government cannot pay its foreign debt.

According to the White House, the United States has completely blocked more than two-thirds of Russia’s banking sector, and the Russian economy will no longer be in the top twenty.