Russian Sberbank's Ukrainian-based subsidiary, which ranks 6th among Ukrainian banks in terms of assets, received UAH 103.979 million (US$3.9 million) in profit in January-September 2017, against a loss of UAH 2.963 billion ($110.4 million) year-over-year (y-o-y), according to the bank's website.
Russian state-owned Vneshtorgbank (VTB) has decided on additional capitalization of its Ukrainian-based subsidiary VTB Bank and will inject UAH 2.592 billion, or $97.5 million, through the placement of the subsidiary's additional shares, according to the Russian bank's announcement in the corporate information disclosure system.
National joint-stock company (NJSC) Naftogaz of Ukraine started supplying natural gas to Ukraine in July through its Swiss-based subsidiary Naftogaz Trading Europe S.A., according to OilNews referring to Consulting Group A-95.
Swiss-based crude oil and fuel trader Petroforce has established its subsidiary in Ukraine and applied for a natural gas trader's license, according to the Ukrainian National Energy and Utilities Regulation Commission's draft decision prepared for an August 3 meeting, according to the energy news portal OilNews.
VTB Bank, the Ukrainian-based subsidiary of the Russian state-owned Vneshtorgbank, reported UAH 351.733 million, or US$13.28 million, in loss in the first quarter of 2017, which was 13 times less year-over-year, according to the bank's website.
Russian Sberbank's Ukrainian-based subsidiary, which ranks 6th among Ukrainian banks in terms of assets, received UAH 44.306 million, or US$1.67 million, in profit in the first quarter of 2017, which was 16.6% down year-over-year, according to the bank's website.
The National Bank of Ukraine (NBU) has received a package of documents from an investor, a citizen of the United Kingdom and the Russian Federation, Grigory Guselnikov, for the approval of the acquisition of a 22.5% stake in Russian Sberbank's Ukrainian-based subsidiary, according to the NBU's press service.
The National Bank of Ukraine (NBU) has pledged the International Monetary Fund (IMF) to ease sanctions earlier introduced against Ukrainian-based banks with Russian capital after stabilization of the security situation in Ukraine, according to the Supplementary Letter of Intent sent by the NBU to the IMF on March 29.