OREANDA-NEWS Switzerland has frozen another 340 million dollars of private Russian assets and six million from the Bank of Russia, according to updated data on sanctions published by the State Secretariat for Economics (SECO).

"As of March 31, 2025, assets frozen in Switzerland amounted to 7.4 billion francs, to which 14 real estate properties of individuals or legal entities subject to sanctions were added," the document says.

At the same time, the blocked funds of the Central Bank increased from 7.4 billion to 7.45 billion francs.
In August last year, Russian assets frozen in Switzerland were estimated at 7.1 billion Swiss francs.

Switzerland is not a member of the EU and NATO, but Bern has joined almost all European sanctions imposed against Russia since February 24, 2022.