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Crimea and Sevastopol

Not one Ukrainian bank in Crimea to be nationalized - Crimean PM

SIMFEROL, March 14, /ITAR-TASS/. Not a single Ukrainian bank in Crimea will be nationalized if the March 16 referendum decides on Crimea’s accession to Russia, Crimean Prime Minister Sergei Aksyonov promised.

“Not a single bank will be nationalized and we will not withdraw bank assets,” he said. Aksyonov said all the negative variants of developments are expected from the Kiev powers.

“We will support the bank system. I do declare that not a single shareholder, not a single propietor in Crimea will suffer from the authorities’ actions,” the premier stressed.

“The bank system now functions in accordance with Ukrainian legislation; Russian laws will be in effect after the referendum,” he said. “We will help all to transfer to Russian legislation in a peaceful route,” he said.

The Crimean authorities had earlier denied rumours about nationalization Ukrainian bank branches in Crimea.

First Deputy Premier Rustam Temirgaliyev stated on Wednesday that the banks can continue operations after re-registration in accordance with Russian laws. The deputy premier suggested that Crimean residents should continue fulfilling obligations to financial organizations, specifically, make credit payments.

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Referendum in Crimea

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