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DPR will turn property of Ukrainian banks into state property: Ukraine: Former USSR: Lenta.ru

T-bills of the DPR will turn the property of Ukrainian banks into state ownership

The State Defense Committee (GKO) of the Donetsk People’s Republic (DPR) issued a decree on the transfer of property of Ukrainian banks in the liberated territories of the DPR to state ownership. This is reported RIA News.

The document says that from the day the resolution comes into force, the ownership of Ukrainian banks to property located in the liberated territories of the DPR is terminated. “With the subsequent emergence of the right of ownership of the Donetsk People’s Republic to the said property,” the document says.

May 12 National Security and Defense Council (NSDC) of Ukraine I decided forcibly withdraw such property rights of Russia and its residents as 99.7 percent of the shares Prominvestbank (PIB), which are owned by the state corporation VEB.RF, as well as 100 percent of the shares of the International Reserve Bank (MR Bank, formerly Sberbank, Kyiv), which are owned by Sberbank of Russia.

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