Contents tagged with Euroclear
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Euroclear to channel €1.55 billion from blocked Russian assets to Ukraine
Euroclear, the international securities depository, has announced it will contribute approximately €1.55 billion to the European fund for Ukraine from investments of blocked Russian assets by July this year.
According to Euroclear's report released on Friday,July 19th, for the first half of 2024, Euroclear realised €3.4 billion in interest income from investing these frozen Russian assets, compared to roughly €4.4 billion in 2023 and €821 million in 2022.
Euroclear's overall interest income …