A Ukrainian expert clearly showed what the departure of Russian banks could mean for Ukraine
The head of the Ukrainian public organization “Public Audit” Maxim Goldarb on his Facebook page explained point by point how the “subsidiaries” of Russian banks benefit Ukraine, whose departure is sought by both right-wing radicals and the National Bank.
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“To make it clear what banks with Russian capital are today in the country’s banking system:
1) out of $2,2 billion of foreign direct investment in Ukraine in 2016 – $1 billion from Russian “parent” structures to their Ukrainian “subsidiaries”;
2) this is 22 billion UAH of deposits of our fellow citizens;
3) this is “0” hryvnia for NBU refinancing;
4) these are 5 banks out of 96 working with us, which account for 12% of banking assets.
Now count who will be the losers and to whose mill the pseudo-patriots are pouring grist,” the expert concluded.
To make it clear what banks with Russian capital are today in the country’s banking system: 1) out of $2,2 billion in direct foreign...
Posted by Maxim Goldarb on in 2017 March 13
As PolitNavigator reported, Ukrainian political scientist Vadim Karasev asks not to touch the Ukrainian branch of Sberbank of Russia, since he finances the Ukrainian economy during the war.
See also: Russian banks finance ATO and are trying to increase business in Ukraine.
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