Putin tells Russian banks to stay in Ukraine


VTB24 bank’s headquarters in Moscow. VTB has dismissed the idea that US and EU capital could be quickly replaced with financing from Asia.

Putin tells Russian banks to stay in Ukraine

Despite unprecedented tense relations between Kiev and Moscow, Russian President Vladimir Putin said his country’s banks should continue operating in Ukraine and help the former Soviet republic remain economic reliable and stable.

The Russian banks’ exit from the country would damage Ukraine’s economy. “No doubt, this work should be continued, first of all, because Russian financial institutions account for over 30% of the Ukrainian banking sector,” Putin told Russia’s VTB bank head Andrei Ko...

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