The Latest: Credit Suisse bans trading of Venezuelan bonds

Pedestrians walk past a barricade set up by anti-government demonstrators, in Caracas, Venezuela, Tuesday, Aug. 8, 2017. The U.S. State Department is

FILE - In this June 24, 2016 file photo, David Smolansky, mayor of El Hatillo district, center, shouts with others standing in line, after learning th

Anti-government demonstrators wave Venezuelan national flags during a protest against Venezuela's President Nicolas Maduro in Caracas, Venezuela, Tues

CARACAS, Venezuela (AP) — The Latest on Venezuela's ongoing political crisis (All times local):

6:20 p.m.

Credit Suisse is banning the trading and use of Venezuelan bonds, as the political crisis in the South American country escalates.

The bank will not trade, nor accept as collateral, two specific types of Venezuelan securities as well as any bonds the country issued from June 1 going forward, according to a company spokeswoman who was not authorized to give her name. Further, any businesses who wish to do business with Venezuela and deal in any assets there will have to go through additional screening.

The ban comes as the U.S. considers imposing economic sanctions against the government of President Nicolas Maduro, who is facing mounting international criticism over a crackdown on opponents and moves to consolidate power.

The Trump administration has sanctioned 30 government loyalists since April.