The situation with Russian banks in Ukraine is under control.

The situation around the “subsidiaries” of the banks with Russian state capital is controlled. This was stated by Prime Minister of Ukraine Volodymyr Groisman.

“The situation is now completely controlled,” – said Groisman.

The Prime Minister noted that he understands the attitude of Ukrainians to the banks of the aggressor, but the regulator needs to perform work within the law.

“If they (banks – Ed.) violate the law, they should bear strict liability for this. We state all have a duty to obey the law,” – said Groisman.

We will remind, in the letter accompanying the Memorandum on cooperation between Ukraine and the IMF also refers to the fact that Ukraine will remove or weaken the sanctions against Russian banks, as only this will allow “security situation”.

As reported, on March 16 the President of Ukraine Petro Poroshenko enacted NSDC decision on sanctions against the banks with Russian capital. The sanctions came into effect on 23 March.

Under the sanctions were Sberbank, Ukreximbank, VTB Bank and BM VS Bank. The sanctions imply a ban on any operations in favor of the parent banks, including interbank loans, deposits, purchase of securities, prohibition of dividend payments and other operations.

March 27 it became known that a consortium of investors consisting of Norvik banka’s Latvian and Belarusian private company acquires 100% of shares of Ukrainian “daughter” of Sberbank. The main buyer of the Ukrainian subsidiary Bank Sberbank of Russia will perform the son of the owner of the oil company RussNeft Mikhail Gutseriev said. Thus , the NBU has not yet received official notification from the prospective investors on purchase of Ukrainian “daughter” of Sberbank. The national Bank also has not received the relevant documents for the acquisition of substantial participation.

Earlier, the head of the second assets of the Russian Bank VTB Andrey Kostin said that VTB wants to have a really good deal for its subsidiary in Ukraine by the end of the year to determine whether to sell the subsidiary Bank or to continue to reduce its business.

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