The Kremlin has promised to take steps to protect Russian banks in Ukraine

Photo: Oleg Yakovlev / RBC

Press Secretary of the President of Russia Dmitry Peskov called the actions of the Ukrainian authorities in violation of international law

The authorities of Russia “concerned” over the situation around the “daughters” of Russian banks in Ukraine, and if necessary will speak in their defense, said the press Secretary of the President Dmitry Peskov.

“We are very closely monitoring the situation and will, if necessary, to support and protect by all available and legitimate means the interests of our financial institutions”, — assured Sands (quoted by “RIA Novosti”).

Press Secretary of the President of Russia noted that the actions of the Ukrainian authorities, contrary to international law and lead to greater tension, whereby there is the “frightening” tendency to further degradation of economy of Ukraine.

“Economically, Ukraine is no longer a foreign, international investors a reliable and predictable place to invest money and where you can attend as a subject of economic life”, — said Peskov.

He also expressed understanding of the concern of the leaders of Russian banks, “which are not lucky enough to be present in economic life of Ukraine” and said that they will be able to convey their concerns to the President during today’s visit by Russian President Vladimir Putin plenary session of the Russian Union of Industrialists and entrepreneurs (RSPP).

“If either in the open or in a closed format the topic will be raised, I think certainly the President will be prepared to discuss it and to listen to the concerns of our bankers,” — said Peskov.

Problems of Russian banks in Ukraine

Yesterday, 15 March, the security Council and defense of Ukraine on the proposal of the President of the country Petro Poroshenko took the decision to complete the termination of cargo transportation official with uncontrolled Kiev territories of the breakaway Donetsk and Lugansk national republics, and also instructed the National Bank of Ukraine (NBU) during the day to prepare proposals on the introduction of sanctions against working in Ukraine banks, in whose capital there is the share of state banks in Russia.

Later the first Deputy head of the NBU Jacob Smoliy said that the proposed sanctions to be imposed on the Ukrainian subsidiaries of Sberbank, Vnesheconombank and VTB, which will prohibit any transactions in favor of the parent banks, including interbank loans, deposits, purchase of securities, payment of dividends and other operations.

Commenting on the decision of the Ukrainian authorities, the head of Bank VTB Andrey Kostin called by political motives and damaging the economy of the Ukraine. Costin acknowledged that work in Ukraine to Russian banks becomes more and more difficult, and, it seems, local authorities are pushing them to care.

“This, apparently, want the Ukrainian government, but I think that it is their decision wrong,” said the head of VTB.