Russian banks are scaling down their activities in Ukraine


Ukrainian banks with Russian state capital in Ukraine are in negotiations about selling. This was stated by the Deputy head of the NBU Ekaterina Rozhkova, the TV channel “inter”.

“We absolutely know that all state banks with Russian capital that operate in Ukraine today, are in talks about a potential sale,” said Rozhkov.

According to her, these banks remained better choice than to leave the Ukrainian market. They have no prospects for further development in Ukraine.

Rozhkova said that a possible sale of banks will not affect their clients. Banks remain liquid and can meet its obligations to customers.

On 16 March, the President of Ukraine Petro Poroshenko enacted the decision of national security Council and defense of Ukraine on the application of sanctions to the five banks with the Russian capital.

Sanctions for a period of one year will be applied to PJSC “savings Bank”, PJSC “Vs Bank”, PJSC “joint-stock commercial industrial-investment Bank”, PJSC “VTB Bank”, PJSC “BM Bank” to ban outflow of capital outside Ukraine in favor associated with them.