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Russian private lender Sovcombank has applied to the U.S. Treasury for a licence to make membership payments to a United Nations climate funding programme while its activities are blocked by U.S. sanctions, a senior bank executive told Reuters. Sovcombank, one of Russia's 13 official "systemically important" credit institutions, was placed under U.S., UK and European Union sanctions soon after Russia launched what it calls a "special military operation" in Ukraine in February 2022.
In continuation of its commitment to empower the girl child in select public secondary schools, Polaris Bank has donated hundreds of school bags, uniforms, sandals, books and other educational items to indigent students in the FCT, Kano and Kogi states. In a statement, the bank stated that its officials visited Government Girls Secondary School…