Pension Fund of Ukraine stopped the payment of funds through the “daughter” of Russian banks
As reported in the press service of the Fund, pensioners were offered alternative options for obtaining pensions.
KIEV, March 24. /TASS/. The financing of the Ukrainian subsidiaries of Russian banks with state capital suspended the Pension Fund of Ukraine.
Pension Fund of Ukraine stops funding for the offices of the above banks (the savings Bank, Prominvestbank, VTB, and BM Bank VS Bank), and pensioners were offered alternative options for obtaining pansypress service of the Pension Fund of Ukraine
In a press-service explained that it had suspended the transfer of pensions through the banks in accordance with the decree of the President of Petro Poroshenko from March 15 to apply sanctions to Russian financial institutions with state capital. The sanctions include a prohibition to place the state funds of Ukraine in the accounts of these institutions.
Under pressure from the nationalists, who had blocked several branches “daughters” of Russian banks, the President of Petro Poroshenko 16 Mar introduced sanctions against five banks with Russian capital (the savings Bank, Prominvestbank, VTB, and BM Bank VS Bank) for a year. The sanctions involve a ban on the withdrawal of funds outside Ukraine, as well as to payment of dividends, interest, return of interbank deposits and loans, funds from correspondent accounts subordinated debt.
The ban also applies to the distribution of profits and capital of these five banks at the same time restrictions do not concern the settlements between Ukrainian residents and their contractors who have accounts in the parent company. It is known that Russian banks with state capital are in talks about selling its Ukrainian “daughters”.
On Thursday, the national Bank of Ukraine (NBU) has addressed to law enforcement bodies with the request to stop blocking the radicals of the banks, justifying this with the decline in confidence in the Ukrainian banking system and menace its stability.