Ukraine says sanctions on Russian banks to start from Thursday


  • World
  • Thursday, 23 Mar 2017

Members and supporters of the National corp political party erect a wall of concrete blocks and paint graffiti outside a branch of Sberbank, which is the local subsidiary of Russia's largest lender, during a protest in Kiev, Ukraine, March 13, 2017. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine's central bank said sanctions against subsidiaries of Russian banks will take effect from Thursday, and will include prohibitions on financial operations that benefit the banks' parent structures.

The central bank has previously said the restrictions will ban the banks from taking money out of Ukraine.

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