BUSINESS

Ukraine starts imposing sanctions on Russian banks

2017-03-23 22:36:33 GMT+8
Editor Chen Shi
Ukraine's central bank says its sanctions against subsidiaries of Russian banks came into effect from Thursday. They include prohibitions on financial operations that benefit the banks' parent structures.
A total of five Russian state-owned banks are present in Ukraine, with a combined market share of 8.6 percent and liabilities of 1.3 billion US dollars.
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