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Raiffeisen Bank subsidiary suspends work in Ukraine’s Donetsk, Luhansk regions

May 05, 2014, 20:09 UTC+3 MOSCOW
Earlier, Ukraine’s biggest bank, Privatbank, also halted operations in the Donetsk and Luhansk regions
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© ITAR-TASS/Stanislav Krasilnikov

MOSCOW, May 05. /ITAR-TASS/. Ukraine’s Raiffeisen Bank Aval, a subsidiary of Raiffeisen Bank International, has temporarily closed branches in Ukraine’s eastern Donetsk and Luhansk regions, the bank said on Monday.

“Three branches of Ukraine’s Raiffeisen Bank Aval in the Luhansk region and 22 branches in the Donetsk region have been closed down temporarily on May 5,” Leonid Zyabrev, a spokesman for the bank said, adding that customers could access their money from cash machines and could still use their credit cards.

Earlier, Ukraine’s biggest bank, Privatbank, also halted operations in the Donetsk and Luhansk regions, saying the situation in eastern Ukraine posed a threat to staff safety. The bank said its clients could access their accounts via the Internet and mobile devices, use their cards in shops and make cashless transactions at self-service terminals.

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