Switzerland freezes Russian assets and reserves of nearly eight billion euros in a historic decision

Bank of Russia’s funds held in Switzerland amount to about $8.3 bln — authorities

As the government notes, Switzerland is closely following the discussions in the European Union on the possible use of the assets of the Bank of Russia

Over $8B in Russian Central Bank assets immobilized in Switzerland

The Swiss Federal Department of Economic Affairs has frozen approximately $8.3 billion in assets owned by the Russian Central Bank, according to a new report.

Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds

The Swiss broke their historically neutral standing last February when they adopted EU sanctions against Russia.

$8.3 Billion in Russian Central Bank Assets Held in Switzerland

Russian central bank assets worth 7.4 billion Swiss francs ($8.3 billion) are held across Switzerland, the government said following new reporting obligations introduced as part of the latest European Union sanctions package.