The National Security and Defence Council of Ukraine has agreed the withdrawal of the property of Russian state-owned banks in Ukraine. This concerns 99.7 percent of the shares in Prominvestbank owned by VEB.Russia and 100 percent of the shares in the International Reserve Bank (formerly Sberbank) owned by Sberbank of Russia.

The decision of the National Security and Defense Council The corresponding decision of the National Security and Defense Council is attached to the presidential draft law No. 7371.

According to the decision of the NSBO, which was approved by the presidential decree, the financial assets are also withdrawn in the form of claims to VEB.RF debt to Prominvestbank for 0.93 billion hryvnia and Sberbank of Russia to the International Reserve Bank for 14.9 billion hryvnia.

Other financial assets of the International Reserve Bank and Prominvestbank are also subject to seizure. Confiscation will not affect 3bn hryvnyas of the International Reserve Bank, which will be used to satisfy the claims of its creditors.