• S&P assessed the impact of Ukrainian sanctions on Russian banks

  • Kiev sanctions against Ukrainian banks with Russian capital are unlikely to have a significant effect on their parent structure. On Monday, March 20, said the analyst of international rating Agency Standard & Poor's Sergey Voronenko, reports TASS.

    "The situation concerning possible financial losses looks like it is quite manageable," said Voronenko. After the 2014 Ukraine ceased to be a strategic direction for domestic credit institutions, he recalled.

    Ukrainian banks with domestic capital by about 50-60 percent foniruyutsya by parent structures, that is largely dependent on financial support from Russia, the analyst said. Possibility of further deterioration of their asset quality and recovering a population of deposits due to the negative information background, signed Voronenko.

    19 on March the Deputy head of the National Bank of Ukraine Kateryna Rozhkova said, all banks with Russian state capital in Ukraine are in talks about a possible sale of the business.

    In the middle of the month, the President of Ukraine Petro Poroshenko approved for a year sanctions against Ukrainian banks with Russian capital (the list includes Sberbank, Vesta Bank, joint stock commercial industrial and investment Bank, VTB Bank and BM). These organizations are prohibited to withdraw money in favor of the parent structures.


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