NSDC instructs NBU, SBU to submit proposals on sanctions against subsidiaries of Russian state-owned banks

The National Security and Defense Council (NSDC) has instructed the National Bank of Ukraine (NBU) and the SBU Security Service of Ukraine to submit within a day proposals on sanctions against banking institutions, whose capital has a share of the Russian state-owned banks.

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"In addition, the National Bank of Ukraine and the Security Service of Ukraine have been instructed to analyze the activities of the banking institutions of Ukraine, whose capital has a share of the Russian state-owned banks, and within a day to make relevant proposals, in particular, on imposing sanctions against them," the NSDC's press service told UNIAN, with reference to NSDC Secretary Oleksandr Turchynov following the results of the Council meeting.

Read alsoRussia’s Sberbank limits cash withdrawals in UkraineAs UNIAN reported earlier, the National Bank of Ukraine said that it's only the Verkhovna Rada and the National Security and Defense Council who have the authority to limit the presence of Russian capital in Ukraine.

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