National Bank: Sanctions “dochek” Russian state-owned banks dependent on the national security Council

Нацбанк: Санкции против "дочек" российских госбанков зависят от СНБО

The national Bank explained the situation with the extension of sanctions

Sanctions against the savings Bank, Vs Bank, Prominvestbank, VTB Bank and BM Bank may extend only to the national security Council. After that, a decree must be signed by the President.

The decision to extend sanctions against the Ukrainian subsidiaries of Russian state-owned banks, which expire in March, was adopted by the Council of national security and defense. About it reported in a press-service of the NBU, UNIAN news Agency reports.

The regulator noted that after the decision of the national security Council, the sanctions must extend his decree the President.

“According to part of third article 5 of the Law of Ukraine On sanctions, the decision on the application, cancellation and changes to sanctions against legal persons under the control of a foreign legal entity, was adopted by the Council of national security and defense of Ukraine and shall be enforced by the decree of the President of Ukraine”, – reported the press service of the NBU, answering the question about intentions to extend sanctions against Sberbank, Vs Bank, Prominvestbank, VTB Bank and BM Bank.

Recall, the “daughter” of Sberbank of Russia has received permission from the Antimonopoly Committee for the purchase of two hotels in Odessa.


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