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National Bank of Ukraine has not yet received Ukrainian Sberbank purchase notice
17:15, 28 March 2017
National Bank of Ukraine has not yet received Ukrainian Sberbank purchase notice

Russian Sberbank agreed to sell its Ukrainian subsidiary to the consortium involving Latvian Norvik Banka and Belarusian companies

17:15, 28 March 2017

Open source

The National Bank of Ukraine has not yet received any official notice from the potential investors regarding the purchasing of the PJSC Sberbank (Kyiv) or any other documents for the purchase of the qualifying shareholding, Interfax Ukraine reports citing the press service of the central bank.

"The decision on coordination of the purchase of the qualifying shareholding in the banks capital, received from any investor, shall be accepted in the framework of the regulatory requirements and legislation, single for all,” stated the representative of the press service.

At that the NBU reminds that they support the orderly exit of the banks with Russian state capital from the Ukrainian market, including by sale.

Related: Russian Sberbank actively searches exit from Ukrainian market

As it was reported earlier, Russian Sberbank agreed to sell its Ukrainian subsidiary to the consortium involving Latvian Norvik Banka and Belarusian companies.

On March 23 the National Bank of Ukraine (NBU) issued a decree banning withdrawal of funds from Ukraine, dividends, interest, return of interbank deposits and loans, funds from correspondent accounts of subordinated debt, distribution of profits and capital against Ukrainian "Sberbank" and VTB , VS Bank ("Sberbank" subsidiary), BM-Bank (a member of VTB Group) and Prominvestbank (VEB's subsidiary).

"Sanctions are aimed at protecting the interests of customers that are serviced in these banks, and make it impossible to withdraw capital from Ukraine," stated in the text of the resolution.

Related: "Bricking-up" Sberbank: First step to persecution of Ukrainians of Russian origin?

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