For Ukrainian pensioners found a replacement for Russian banks

Since April 1 Ukrainian pensioners receiving money through Russian banks against which sanctions have been imposed, will pay them in the mail.

About it reported in a press-service of “Ukrposhta”.

“In connection with the decision of the Pension Fund the decision on the termination of pension payments to Ukrainian pensioners through the banks with Russian state capital in Ukraine, PJSC Ukrposhta from 1 April 2017 will provide the payment through its branch network”, – stated in the message.

The company assured that more than 72 thousand pensioners who previously received pensions in the Russian banks “will be able without additional efforts to obtain retirement home or in the offices of “Ukrposhta” place of residence”.

As noted, pensions and social assistance through a network of Ukrposhta is from 4 to 25 of each month.

“Date of payment of pensions noted in the statement for payment and informs the recipient authority Pension Fund and the employees of postal communication with the first payment”, – added in “Ukrposhta”.

We will remind, the President Petro Poroshenko enacted the decision of national security Council and defense of Ukraine from March 15, 2017 “On the use of personal special economic and other restrictive measures (sanctions)” in respect of Russian banks.

They will be introduced for one year for public joint stock company “savings Bank”, PJSC “Vs Bank”, PJSC “joint-stock commercial industrial-investment Bank”, PJSC “VTB BANK”, PJSC “BM BANK”.

Penalties apply to prevent withdrawal of capital abroad. In particular, it is prohibited any operation in favor of the parent banks, as interbank loans, deposits, subordinated debt, placement of accounts on correspondent accounts, etc. Also introduced a ban on the payment of dividends, interest.

March 27 the Russian Sberbank announced the sale of all shares of the Ukrainian subsidiary Bank. Ukrainian “Sberbank” buying a consortium of investors, which will include the Latvian Norvik Banka and Belarusian private company.

Later it also became known that the Russian VTB Bank is also negotiating the sale of Ukrainian “daughter”.

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