Russian official slams Romania's airspace refusal as ploy against Moldovan leaderRussian Politics & Diplomacy July 28, 17:23
Crimea’s electric power supply restoredWorld July 28, 16:54
Motorcycle swiped from Italy in 2012 turns up in St. PetersburgSociety & Culture July 28, 16:44
Brooklyn Nets deny media buzz that Prokhorov plans to sell controlling stakeSport July 28, 16:10
Russia begins work on deep-water robot to reach Mariana Trench’s floorScience & Space July 28, 15:55
Experts: alternative energy may be used widely in the ArcticBusiness & Economy July 28, 15:50
Russia launches trials of second Yasen-class nuclear-powered submarineMilitary & Defense July 28, 15:39
Aircraft carriers, amphibious ships, and GEVs key to Russian Navy’s futureMilitary & Defense July 28, 15:23
Blackout on Russian mainland leaves Crimea in the darkBusiness & Economy July 28, 15:22
MOSCOW, April 23. (ITAR-TASS). Major Russian banks will so far refrain from working in Crimea because they have subsidiaries in Ukraine, Mikhail Zadornov, the president and board chairman of the VTB 24 bank, said at a business breakfast at the Rossiyskaya Gazeta daily on Wednesday.
“I would like to say that major banks are not going to work in Crimea so far because they all have subsidiaries in Ukraine,” Zadornov said, adding the list of those banks included VTB, the Bank of Moscow, Sberbank and Alpha Bank.
Zadornov explained that it was impossible to combine “an active business in Crimea with active operations in Ukraine.”
“That is why Russia’s major credit organizations are de facto transferring their operations in Crimea to banks that are going to work exclusively on the peninsula,” Zadornov stressed.
Rossiyskaya Gazeta will publish the full text of its interview with Mikhail Zadornov on April 24.