Home / Business and Economy / Russia Orders $400M Payout from Western Bank
Russia Orders $400M Payout from Western Bank
19 Dec, 2025
Summary
- Western bank ordered to pay nearly $400 million for sanctions losses.
- Rasperia, linked to sanctioned oligarch Oleg Deripaska, is the claimant.
- The bank plans to appeal the compensation order and noted prior damages.
A significant Western bank still active in Russia faces a nearly $400 million compensation order. The sum, equivalent to 339 million euros, is for losses incurred by Rasperia, a Russian company allegedly linked to sanctioned businessman Oleg Deripaska. The bank has stated its intention to appeal this ruling.
This development follows a previous confirmation that the bank had already been liable for over two billion euros in damages to Rasperia. The sanctions against Deripaska have frozen his shares in companies, including a stake in Austrian construction firm Strabag, thereby impacting his dividends and influence.
The legal action unfolds while Austria and Russia attempt to negotiate the repatriation of capital. However, these efforts have encountered obstacles, reportedly due to opposition from the US Treasury and other EU member states.
