Russian state-owned banks want to get rid of assets in Ukraine – NEWSru.com

The Russian state-owned banks intend to sell its wholly owned financial institutions in Ukraine, the newspaper “Kommersant” , citing its own sources.

“Savings”, VTB and Vnesheconombank decided to get rid of the Ukrainian assets against the backdrop of the “restoration of their own business and the whole Ukrainian banking sector.”

The contradictions between the improvement of the situation and the intention of the Russian banks to withdraw from the Ukrainian market is not – it is now a real chance to do it, the newspaper writes.

According to experts interviewed by the publication, on the background of the stabilization and improvement of indicators of the banks have a chance to find the customers that have been done in the last year difficult. But first and foremost a decision of state banks likely has more to do with politics than economics.

The truth is, “Sberbank” is not confirmed on the eve of the sale of the Ukrainian assets, which the media reported. However, according to the newspaper’s largest bank of Russia is still led these negotiations, but they were unsuccessful.

According to “Kommersant”, VTB Group is also ready to sell its Ukrainian assets. According to the president of the bank Andrei Kostin, the banking group does not see Ukraine “too big opportunities – both economic and political.” VTB serious losses in Ukraine, many cases of defaults on loans, the newspaper reported the Bank press service.

Vnesheconombank (VEB) also intends to sell its subsidiary – “Prominvestbank.”

In this case, comparable in scale bank in the Ukraine also have a private “Alfa Group” which owns the Russian “Alfa-Bank”. However, the group is trying not to leave Ukraine, but on the contrary, increasing its presence by buying at Unicredit Group “Ukrsotsbank”. According to the newspaper, “Alpha” is considering other assets for acquisition.

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