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Kremlin worried over situation with Russian banks in Ukraine

The Kremlin thinks that situation with divisions of Russian banks in Ukraine has destroyed the investment climate in that country, the Russian President's spokesman Dmitry Peskov told reporters.

"Of course, we believe that this situation (with the divisions of Russian banks) absolutely destroys the investment climate in Ukraine as such, it shows to the whole world that working on the territory of Ukraine is very dangerous now and economically unfeasible," he told reporters.

Peskov said that the Kremlin is "closely watching" the situation with the offices of Russian banks in Ukraine.

"Obviously, we are closely watching what is happening in Kiev with great concern," Peskov said.

He did not give a decisive answer to the question about Moscow's reaction to the situation. "Let's look at the future development of the situation, it is hardly necessary to hypothesize," Peskov said, adding that he cannot currently answer the question about whether the Kremlin is going to recommend Sberbank to close its offices in Ukraine.

[Source: Itar Tass, Moscow, 15Mar17]

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