Ukrainian President: Sanctions against Russian banks are effective and should be continued

The NSDC chaired by the President considered the issue of rolling over sanctions against Russian banks.

The Head of State informed that during 2017 net assets of Ukrainian banks with Russian state capital shrank by one third with the volume of funds put in them by individuals and legal entities decreased by 28% and 34% respectively.

"Over the past three years, the share of banks with Russian state capital in the net assets of the Ukrainian banking system shrank from 10.6% to 5.6%. These figures are a response to lies about some sort of dominance of institutions with Russian capital in the banking system of Ukraine under some cover," the President said.