Ukraine to seize Russian banks ...News

Economy by : (Russia Today) -
Authorities decided to strip property rights of Sberbank and VEB.RF Kiev authorities will forcibly seize the assets of major Russian banks in the country, Sberbank and VEB, media report citing a decision published on the website of the Supreme Council of Ukraine on Thursday. According to the decision of the National Security and Defense Council of Ukraine from May 11, approved on the same day by a decree of the President of Ukraine, Kiev will withdraw 99.8% of the shares of Prominvestbank (PIB) owned by Russia’s state corporation VEB.RF, and 100% of the shares of the International Reserve Bank (MR Bank), owned by

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