The NBU advised Russian banks to get out of Ukraine

Semyon Doroshenko.  
15.05.2018 19:54
  (Moscow time), Kyiv
Views: 5540
 
Kiev, Policy, Story of the day, Ukraine, Finance


The National Bank of Ukraine does not see potential buyers of banks with Russian state capital and considers curtailing their activities to be the only way for them to leave the country, a PolitNavigator correspondent reports.

This was stated by Deputy Chairman of the Board of the Central Bank Ekaterina Rozhkova, the department’s press service reports.

The National Bank of Ukraine does not see potential buyers of banks with Russian state capital and considers the collapse...

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According to her, international financial institutions do not show any interest in these banks, since they are under sanctions, while among individuals the NBU does not see investors who could not only acquire one of the banks, but also invest and develop it .

“Therefore, the logical conclusion that the NBU can make is that curtailing activities is the only civilized way for these banks,” said the deputy head of the central bank.

Rozhkova recalled that BM Bank, which decided to surrender its banking license, and VTB Bank, which is actively reducing its activities, have already taken this path.

At the same time, she added that the central bank cannot in any way speed up the exit of banks with Russian state capital from Ukraine.

Let us recall that on March 23 last year, Ukraine imposed sanctions for a period of a year against all five structures of Russian state banks operating in the country: Ukrainian Sberbank and VTB, BM Bank (“granddaughter” of VTB), Prominvestbank (“daughter” of VEB). They are prohibited from any financial transactions in favor of persons associated with them, in particular parent structures. These banks are prohibited from withdrawing funds outside of Ukraine.

Lviv-based VS Bank was also on this list, but in December last year, Russian Sberbank sold it to businessman Sergei Tigipko.

In March of this year, the NBU extended sanctions against the subsidiaries of Russian banks.

In addition, in March 2018, the Verkhovna Rada registered a bill amending the law on sanctions, which proposes to nationalize the property of Russian state-owned companies and banks.

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