Contents tagged with Russian banks

  • The Deputy Head of the National Bank of Ukraine said Russian banks have no future in Ukraine

    Banks that are partly owned by Russia should be able to “calmly and without panic” withdraw from the Ukrainian market where they have no future, the Deputy Chairman of the National Bank of Ukraine (NBU), Katerina Rozhkova said in an interview with Minfin web site.

    “There is no development for Russian banks here. This should be clear to everyone. On the other hand, as a regulator, we believe that the exit from the market should be civilized. No one should get bricked. Let the banks have the …

  • All Ukrainian banks owned by Russia put up for sale

    During a broadcast on the Inter TV channel, Acting Deputy Governor of the National Bank of Ukraine Kateryna Rozhkova reported  that all the banks with state-owned Russian capital in Ukraine have been put up for sale.

    "We know for certain that all banks with state-owned Russian capital that are currently operating in Ukraine are negotiating a potential sale. As a regulator of the banking market, we believe that this is the best way to leave the Ukrainian market, as in today’s conditions it is …

  • Ukraine introduces sanctions against Russian banks

    On March 16 Ukrainian President Petro Poroshenko enacted the decision of the National Security and Defense Council (NSDC) of Ukraine to adopt sanctions with respect to a number of legal entities. Ukraine will soon adopt sanctions for a year on five banks with Russian capital: Sberbank, VS Bank, Prominvestbank, VTB Bank, and BM Bank. The goal of the sanctions is to prevent them from withdrawing this capital from Ukraine in favor of entities related to them.

    The media outlet reports that …