The government itself initiated the lifting of sanctions against Russian banks – former MP

Former member of Parliament and former member of the NBU Council Vasyl Horbal said that the lifting of sanctions against Russian banks, which is spelled out in the Memorandum between Ukraine and IMF, initiated by the Ukrainian authorities.

He said this on a talk show, “the Right to Vlad,” on the channel “1+1”.

“Most of the abstracts that appear in the Memorandum with the International monetary Fund, is the thesis that we ourselves have articulated themselves to make. In fact, the debate over the Russian banks we ourselves have made”, – said Horbal.

See also:

The Ministry of Finance of Ukraine published the full text of the Memorandum with the IMF

March 10, “the headquarters of the blockade of trade with the occupiers” were warned that they would stop the work of the Russian Sberbank in Ukraine in two weeks if the Cabinet alone will not stop the work of the Bank in Ukraine.

Meanwhile, unknown persons damaged the ATMs of other banks and sealed them with foam.

March 10 during a meeting of the Cabinet the Minister of internal Affairs Arsen Avakov suggested that sanctions against the Russian “Sberbank”. This proposal was supported by Prime Minister Vladimir Groisman.

Such actions against Russian financial institutions connected with the fact that in the Russian Federation “Sberbank” started to serve customers that as identity cards, use paper issued by the terrorists of “LNR” and “DNR” under the guise of “passports”.

On 15 March the President of Ukraine Petro Poroshenko enacted the decision of national security Council and defense of Ukraine, has imposed sanctions 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.

Sberbank called the decision discriminatory and politically motivated.

March 28, the Russian Sberbank announced the sale of all shares of the Ukrainian subsidiary Bank.

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