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Latvian Bank refused to buy the savings Bank of Ukraine

Латвийский банк отказался покупать Сбербанк в УкраинеThe national Bank has still not received full documentation from the new owners of the financial institution.

Latvian Norvik Banka are excluded as a structural unit of the transactions to purchase the Ukrainian subsidiary of Russian Sberbank.

This was stated by Deputy head of the National Bank of Ukraine Ekaterina Rozhkova in an interview with the Ministry of Finance.

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“I think they (Norvik Banka – ed.) it was difficult to make out, because when the Bank buys someone else, he has the same amount decreases the capital. Plus Norvik works in the European Union, could be the result of sanctions against Russia. So Norvik Banka as a structural unit of this transaction was excluded,” she said.

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Rozhkova noted that the NBU still has not received the full packet of documents from the new owners of the savings Bank. She promised that investors will take you to the NBU “for a conversation” and added that “Russia is an atypical case because of the sanctions.”

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