Ukraine Slaps New Sanctions on Russian State-owned Banks 1 234 567

Ukraine Slaps New Sanctions on Russian State-owned Banks

voanews.com

Ukraine will impose sanctions on the Ukrainian subsidiaries of Russian state-owned banks, the central bank said Wednesday, part of a wider crackdown over increased tensions in eastern separatist regions.

The restrictions will ban the banks from taking money out of Ukraine, Kateryna Rozhkova, a deputy central bank chief, told journalists in a briefing.

Five Russian state-owned banks are present in Ukraine with a combined market share of 8.6 percent and liabilities of 36 billion...

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