Russian-Syrian checkpoint opens in Eastern Goutha de-escalation zoneWorld July 25, 8:17
Russian-Chinese naval drills in Baltic Sea to enter active phaseMilitary & Defense July 25, 7:59
Putin to meet with Iraq’s vice-presidentRussian Politics & Diplomacy July 25, 6:49
Russian super-heavy booster vehicle to bring payloads of 70 tns to orbitScience & Space July 25, 5:34
New limits on microloans to kill off most micro lenders in Russia, say expertsBusiness & Economy July 25, 3:45
Lavrov says astonished by mass hysteria among US politiciansRussian Politics & Diplomacy July 25, 1:35
Lavrov comments on Syrian de-escalation zone agreementRussian Politics & Diplomacy July 24, 20:15
Iraq calls for closer cooperation with RussiaWorld July 24, 19:09
Russia develops laser-guided automatic landing system for dronesMilitary & Defense July 24, 18:22
MOSCOW, May 13. /ITAR-TASS/. The Central Bank of Russia has ordered six Ukrainian banks to stop operations in Crimea and Sevastopol starting from May 13, the regulator said in a statement.
In passing the decision, the CBR referred to Article 7 of the federal law dated April 2, 2014, on specifics of the functioning of Crimea's and Sevastopol's financial system during the transitional period.
Among the banks are Kiev-based Terra Bank, Odessa-based Finrostbank, Kiev-based Bank “Finance and Credit”, Kiev’s Commercial Bank “Financial Initiative”, Dnipropetrovsk-based Accent-Bank and Kiev’s Avant-Bank.
According to the CBR statement, the banks have failed to fulfil their obligations. Therefore, they were closed in compliance with the Russian legislation. The decision was dictated by the task to protect the interests of depositors and clients, whose legitimate interests were violated as the above banks stopped operation in Crimea and Sevastopol with no prospects for resuming work. There was no other opportunity to ensure effective protection of rights of the depositors and clients of these banks, except by stopping their operation, the CBR said.