Qiwi Faces Sanctions Risk For Operations In Crimea [Seeking Alpha]
QIWI plc - American Depositary Shares (QIWI)
Last qiwi plc - american depositary shares earnings: 3/24 07:15 am
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US:NASDAQ Investor Relations:
finance.yahoo.com/quote/qiwi
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Source: Seeking Alpha
Qiwi Faces Sanctions Risk For Operations In Crimea Summary QIWI operates in Crimea despite sanctions risk. QIWI payment terminals run on the peninsula. QIWI is the only company to distribute isa cards to the residents of Crimea. QIWI partnered with sanctioned Genbank to conduct user identification in Crimea. No Russian public bank, mobile operator or oil company operates in Crimea because of the fear of sanctions. However, a Telegram channel in Russia has recently reported that The breach of the sanctions regime may result in direct sanctions against QIWI and the entities who control the company, as well as the discontinuation of partnership with isa. Russian Rocket decided to investigate QIWI Crimean operations. QIWI terminals function in Crimea QIWI official website suggests that there are no QIWI terminals in Crimea: Source: qiwi.com However, a search on Yandex.Maps discovers that at least 21 QIWI terminal functions in Crimea: Some terminals have been recently reviewed by the use
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