Kyiv-based Sberbank's branch / Photo from UNIAN
The bank was in the black in 2017.
Russian state-controlled Sberbank's Ukrainian subsidiary was in the red in 2018 and posted UAH 7.614 billion, or US$272 million, in loss.
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The bank's charter capital as of January 1, 2019, was UAH 20.765 billion, or US$742 million, the bank said in a report on its website.
UNIAN memo. Russian state-controlled Sberbank's subsidiary in Ukraine has been operating on the Ukrainian market since 2001 and is one of the largest financial institutions in this country in terms of assets. In 2017, the bank posted UAH 132 million, or US$4.7 million, in profit.
In March 2017, sanctions were imposed on Ukrainian subsidiaries of Russian state-owned banks, prohibiting the withdrawal of capital in favor of the parent structures.