Russian banks finance only Russian business in Ukraine - Lanovy

Russian banks finance only Russian business in Ukraine and assist their companies in taking part in privatization and purchase of Ukrainian unprofitable or bankrupt enterprises, President of the Market Reforms Center Volodymyr Lanovy has told Ukrinform. 

"They are also spread here in retail chains and ordinary supermarkets, in the trade of gasoline, kerosene for aircraft, etc. They also have and finance their companies, assist them in taking part in privatization and purchase of our unprofitable or bankrupt enterprises. And so they spread economic activity,” Lanovy said.

According to the expert, in terms of investment of the Russian banks in our economy – there is much talk, but in fact no investment.

"They're here to earn, I repeat, and they take money from here for their own operations, including the purchase of our assets, industry, land, etc. They transfer nothing from Russia,” the expert stressed.

iy