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The Russian Sberbank opens branches in the occupied territories in Ukraine

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Dec 6, 2024 13:17 158

The largest Russian bank - "Sberbank" plans to open branches by the end of the month in the parts of the Ukrainian regions of Kherson occupied by the Russian army and Zaporozhye, announced the first deputy chairman of the bank's board Alexander Vedyakhin, quoted by Reuters.

Russian President Vladimir Putin announced the annexation of the Ukrainian regions of Donbas, Luhansk, Kherson and Zaporizhia in September 2022. after sham referendums not recognized by the world. Russian troops do not fully control any of these regions, and to the greatest extent they have mastered the territory of Luhansk.

"Sberbank" opened partner divisions in Kherson and Zaporizhia in July 2024. Vedyakin pointed out that full-fledged branches will be established in both regions in December, and in the first quarter of next year they will start serving corporate and private clients.