The National Bank of Ukraine has prolonged sanctions against Sberbank, Prominvestbank, VTB Bank, and BM Bank, in line with the decision of the National Security and Defense Council of Ukraine “On the application of personal special economic and other restrictive measures (sanctions)” dated March 1.
According to a report posted on the NBU website, the relevant changes were approved by the decision of the NBU Board dated March 15, which came into force on March 16.
“It is about barring these banks from carrying out any financial transactions involving the transfer of funds or capital withdrawal outside Ukraine in favor of persons affiliated with these banks,” the NBU said.
The regulator has noted that the sanctions are aimed at protecting the interests of banks’ clients. They also make it impossible for these banks to withdraw capital from Ukraine in favor of the parent banks and other affiliated persons. (UNIAN/Business World Magazine)
Your advertisement under each post on this site. DETAILS