The national Bank of Ukraine (NBU) pursuant to the decision of the Council and of the national security and defense Council (NSDC) invites him to enter in respect of the Ukrainian subsidiaries of banks with state capital of the Russian Federation sanctions in the form of prevent capital flight outside Ukraine.

“The use of such sanctions would prohibit any financial transactions in favor of the parent banks: interbank loans, deposits, subordinated debt, purchase of securities, placement of funds on correspondent accounts and other similar transactions”, – said the first Deputy head of the NBU Jacob Smoliy at a briefing on Wednesday.

“It also prohibits payments of dividends, interest, return of interbank loans, funds from correspondent accounts and subordinated debt. Also proposed to prohibit the distribution of profits and distribution of capital,” he added .

The Deputy head of the NBU Ekaterina Rozhkova said that sanctions are not offered in connection with the decree of the President of Russian Federation Vladimir Putin on the admission of the so-called passports “DNR”/”LNR” and the Russian account of their banks, and with the aim of preserving financial stability and the full implementation of the Ukrainian banks with Russian state capital obligations to clients.

Deputy Chairman of the NBU also said that at present, Sberbank appealed to the national Bank for support and working normally. At the same time, she noted that if necessary, the financial institution may use to work with NBU swaps and transactions in government securities.

E. Rozhkova also stressed that the proposed sanctions leave open the possibility for capitalization of the Ukrainian Bank with state capital and selling them.