Poroshenko approves sanctions against Russian banks

Poroshenko approves sanctions against Russian banks

President of Ukraine Petro Poroshenko has put into effect the decision of the National Security and Defense Council of Ukraine (NSDC) of March 15, 2017 "On the application of personal special economic and other restrictive measures (sanctions)" against a number of legal entities.

This has been reported by the press service of the Head of State on Thursday.

As noted in the relevant decree, the decision of the NSDC was adopted in accordance with Article 5 of the Law of Ukraine "On Sanctions", taking into account the proposals of the National Bank of Ukraine.

The sanctions for a period of one year will be imposed on PJSC Sberbank, VS Bank, PJSC "Joint-stock commercial industrial investment bank", PJSC "VTB BANK", PJSC "BM BANK" in form of prevention of the capital withdrawal outside Ukraine in favor of the persons connected with these legal entities.

The Cabinet of Ministers and the National Bank of Ukraine are instructed to ensure the implementation and monitoring of the effectiveness of sanctions and take immediate measures to prohibit the placement of funds of state enterprises, institutions, organizations and business entities under sanctions.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the internet that are open to search systems, hyperlinks to ukrinform.ua not lower than the first paragraph are mandatory. Citing and using materials in ofline-media, mobile apps, SmartTV are allowed only with receipt of a written permission from "ukrinform.ua". News and publications marked "Advertisement" and articles in the block "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2018 Ukrinform. All rights reserved.

Website design Studio Laconica
Extended searchHide extended search
By period:
*/ ?>