Liquidates two banks controlled by the Russian Federation
25 Feb 2022
On 25 February 2022, the National Bank of Ukraine revoked the licenses of two banks controlled by the Russian banks Sberbank and VEB and liquidated their assets. It also banned the country’s banks from making any foreign exchange transactions using Russian and Belarusian rubles.
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Type:
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Entry and establishment (Ownership and control)
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Treatment and operation (Operational conditions , Other)
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Industry:
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Services (Financial and insurance activities)
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Sources:
