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The United Kingdom imposed fresh sanctions on Russian banks Monday and said it had a "hit list" of oligarchs to be sanctioned, according to Foreign Secretary Liz Truss.
The country will prevent Sberbank, Russia's largest bank, from clearing payments in Sterling. And three more Russian banks -- Otkritie, Sovcombank and VEB -- will face a full asset freeze.
Truss said the UK will bring a full asset freeze on all Russian banks "in days" to Parliament on Monday.
The UK joined other Western countries over the weekend to ice Russian banks out of SWIFT.
The United Kingdom is also set to sanction 100 individuals and entities as part of further sanctions against Russia, British Prime Minister Boris Johnson said Thursday.
Prime Minister Boris Johnson on February 24 in London, England.
 
 
An asset freeze will be imposed on Russian state bank VTB, he added, following the sanctioning of five Russian banks on Tuesday. Russian state and private companies will also be prevented from fund raising in the United Kingdom.
The United Kingdom will ban Russia's national airline, Aeroflot, and apply sanctions to Belarus "for its role in the assault on Ukraine," the prime minister added.
Going forward, Britain is also hoping to bring in legislation this week to ban the export of certain technologies to Russia, particularly "in sectors including electronics, telecommunications, and aerospace," according to Johnson.
"We will continue on a remorseless mission to squeeze Russia, from the global economy, piece by piece. Day by day, and week by week," Johnson told lawmakers.
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