National Security and Defense Council of Ukraine to forcibly withdraw assets of Sberbank and VEB.RF

The National Security and Defense Council of Ukraine (NSDC) will forcibly confiscate the assets of PJSC Sberbank and VEB.RF in the country. This was reported on the department’s website, reports interfax.

We are talking about 99.8% of Prominvestbank (owned by VEB.RF) and 100% stake of International Reserve Bank (owned by MOEX:SBER).

Financial assets will also be withdrawn in the form of VEB.RF’s debt to Prominvestbank for UAH 0.93 billion and Sberbank of Russia to MR Bank for UAH 14.9 billion, as well as rights to claim other financial assets of subsidiaries of Russian banks.

UAH 3 billion is covered by the exception. The bank’s MR must meet the requirements of its creditors.

The relevant decision of the National Security and Defense Council and the decree of the President of Ukraine Volodymyr Zelensky were published on the website of the Verkhovna Rada of Ukraine on May 12.

On the eve of the Ukrainian government will give All Russian assets located on the territory of the state enterprise “Ukrainian National Investment Fund”.

Source: Gazeta


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