Sberbank branch office in Kyiv center being unblocked

The wall cordoning off the entrance to the office of Ukraine subsidiary of Russian government-owned Sberbank is being dismantled, according to an UNIAN correspondent.

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The self-styled "blockade" of Sberbank was initially launched by the National Corps Party March 13.

Read alsoNorvik Banka discloses names of buyers of Sberbank's Ukrainian subsidiaryNational Corps Party on Monday, March 27, issued a statement claiming its activists would temporarily unblock Ukrainian subsidiaries of Russian banks, to allow citizens of Ukraine to withdraw funds from their accounts. At the same time, the party vowed stronger blockade measures against Russian banks, including Sberbank.  

Read alsoUkraine pension fund to cease payments via Russian state-owned banks subsidiaries from Apr 1On March 13, a group of young people demanding that Sberbank’s banking license be annulled, walled off the entrance to the bank’s branch office in the center of Kyiv.

Read alsoNBU enforces sanctions against Russian banks' subsidiariesOn March 16, Ukrainian President Petro Poroshenko enacted sanctions of the National Security and Defense Council of Ukraine against five banks with Russian capital, namely Sberbank PJSC; VTB Bank PJSC; Prominvestbank PJSC; BM Bank PJSC; and VS Bank PJSC.

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