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Russia's Gazprombank Says Venezuela's PDVSA Has Not Opened New Accounts
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10 Feb 2019 12:44 PM EST

According to Reuters, Russia’s Gazprombank said on Sunday that Venezuela’s state-run oil company PDVSA opened accounts with the bank several years ago and has not opened any accounts recently. Reuters reported on Saturday that PDVSA was telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Gazprombank.In a statement the banking company said “We stress that no new accounts have been opened and the bank does not plan to open any new accounts."

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