Britain\\\'s RBS places restrictions on lending in Russia

LONDON, Aug 1:  Part-nationalised British lender Royal Bank of Scotland (RBS.L) said on Friday it had placed restrictions on its lending in Russia following developments in Ukraine.
The European Union cut off financing for five major Russian banks on Thursday over Moscow's support for separatist rebels in Ukraine. The measures aim to prevent Russian banks from raising money on Western capital markets.
RBS said it had reviewed credit ratings, adjusted lending limits and placed additional credit restrictions on new business in Russia. It is also reviewing how it is exposed to the international sanctions.
    — Reuters