Russian Sberbank plans to return its banking license, and close down its operations in Ukraine,

Monday, October 25, 2021

reported RBK. At the next meeting of shareholders of the Ukrainian subsidiary of the Russian state bank, Sberbank, the decision will be raised on the closing down banking activities without termination of the legal entity. The process of liquidation of Sberbank in Ukraine is hampered by the recent arrest in Russia of a number of bank employees, including Vice President, Marina Rakova.

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