Russian banks remain in Ukraine and become profitable
At the end of 2019, Sberbank (Ukraine) and Prominvestbank (a subsidiary bank of VEB.RF) received net profit.
Kommersant reports this, citing data from the National Bank of Ukraine (NBU).
The head of the investment department of BCS Broker, Narek Avakyan, says that there is no need to talk about the possibility of selling these assets of Russian banks, since there are many risks, and even with a very large discount it will not be easy to find a buyer.
In addition, the NBU clarified the conditions for the sale of Ukrainian banks by Russian owners.
“I hope that everyone already understands that we will not give the green light to nominal buyers,” said First Deputy Chairman of the NBU Ekaterina Rozhkova in mid-January. “Therefore, if it is an international institution that can, despite the sanctions, obtain permission from the European Central Bank for a transaction, then good.”
In turn, Dmitry Gorbunov, a partner at Rustam Kurmaev and Partners, says that under the conditions of sanctions, the sale of these banks in agreement with the ECB is the only civilized way for Ukraine. According to the lawyer, otherwise it would not have been possible to avoid the situation of counterclaims from the Russian side and longer dispute processes in European jurisdictions and believes that the presence of these two banks in Ukraine could drag on for another one or two years.
As PolitNavigator reported, under Russian banks in Ukraine grenades began to explode.
It is noteworthy that Russian banks, according to Kyiv financial analysts, provided loans to the Ukrainian defense sector.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.