Russ Dallen, head of boutique investment bank Caracas Capital Markets, pointed out that “previous sanctions on a joint-Russian/Venezuelan bank also led to a similar outcome, with [Russian state lenders] VTB and Gazprombank giving their shares to the Russian government to avoid further US sanctions”.

https://www.ft.com/content/d6604d86-fc4a-4509-b8ff-ebaa6a1e7901