The head of the NBU called on international banking groups to cease operations in Russia
Kirill Shevchenko
Ukraine , Ukrainegate , 22 , March , 2022 | Political News
The Chairman of the National Bank of Ukraine Kyrylo Shevchenko called on the heads of international banking groups to suspend any work of their subsidiaries and branches in Russia and join international measures to reduce the ability of the aggressor’s economy to finance hostilities in Ukraine. The press service of the NBU informs about it .
Quote
“Continuing to work in Russia may pose additional reputational risks for your organizations not only in our country, but in Europe as a whole. In its fight against the occupier, Ukraine has received support not only from most European governments and the international business community. countries “, – Shevchenko emphasized in the address to financial institutions.
Details
According to him, any financial transactions with the institutions of the aggressor country and, as a result, the payment of taxes to its budget will continue to contribute to the financing of war crimes and terrorist acts against the civilian population of Ukraine.
It is noted that the expansion of the geography of hostilities and acts of terror against civilians indicate that the measures taken so far are ineffective.
“Given this, it is important to continue to increase pressure on the aggressor to weaken his position. The cessation of banking groups in the Russian market, which are leaders in the global financial services market, will increase the impact of economic sanctions already imposed by the world community on Russia, ”the NBU said.
Before
Last week the National Bank of Ukraine appealed to the Chinese payment systems China UnionPay and UnionPay International to withdraw from the payment market of Russia.
Source: Ukrgate
