Switzerland Reports $10.4B in Frozen Russian Assets
The value of frozen Russian assets in Switzerland rose to $10.4 billion by June 2026, up from $8.4 billion the previous year, including cash, real estate, luxury vehicles, art, and other assets belonging to sanctioned individuals and entities. The Bank of Russia holds the largest share of these assets at $8.3 billion.
Consensus
- The value of frozen Russian assets in Switzerland reached $10.4 billion by June 26, 2026.
- The amount was $8.4 billion a year earlier.
- Assets include cash, real estate, luxury vehicles, artworks, furniture, and musical instruments belonging to sanctioned individuals and organizations.
- The Bank of Russia holds the largest portion of frozen assets at $8.3 billion.
- Switzerland's SECO official Fabian Maierfisch confirmed the figures and declined to comment on participation in discussions about transferring assets to a new EU depositary for Ukraine.
- Switzerland emphasizes the importance of upholding the rule of law, international law, and financial stability in any international agreements on frozen assets.
Points of divergence
- The value of frozen assets in Switzerland was reported as 8.5 million Swiss francs ($877.5 million), which contradicts the $10.4 billion figure stated in other sources. — vesti
- The Bank of Russia's frozen assets were reported as 6.8 million Swiss francs ($659.6 million), conflicting with the $8.3 billion figure cited in other sources. — vesti
- The Moscow Arbitration Court partially ruled in favor of a Russian company in a case against Belgium's Euroclear Bank, awarding $194.2 million, which is unrelated to the Swiss asset freeze and not mentioned in other sources. — vedomosti
Coverage (4 sources)
- In Switzerland, the volume of frozen Russian assets was disclosed — Фонтанка
- Sum of frozen Russian assets in Switzerland has grown — Вести
- Sum of frozen Russian assets in Switzerland has grown to $10.4 billion — Ведомости
- Sum of Russian assets blocked in Switzerland has grown to $10.4 billion, TASS official stated — ТАСС (Telegram)
Key entities
- Switzerland
- TASS
- Fabiana Mayenfis
- State Secretary's Office for Economic Affairs
- Moscow
- Switzerland (SECO)
- SECO
- State Secretariat