Russian Bank VTB is negotiating the sale of Ukrainian “daughter”
Russian state Bank VTB reported the talks with potential buyers about the sale of Ukrainian “daughter”.
About it reports Reuters with reference to the head of the Bank Andrey Kostin.
The financial institution noted that any sale of the Bank in Ukraine can take place only at a discount, but how exactly – not specified.
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NBU introduces sanctions against Ukrainian “daughters” Russian banks
Earlier Kostin claimed that the purchase of Ukrainian “daughter” VTB has four contenders in Ukraine.
We will remind, earlier the President Petro Poroshenko enacted the decision of national security Council and defense of Ukraine of 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.