You're reading: National security service opposes servicing of state enterprises at Russian banks

The Security Service of Ukraine (SBU) opposes the servicing of Ukrainian state enterprises at subsidiaries of Russian banks operating in Ukraine, an adviser to the SBU chief Markiyan Lubkivsky said at a roundtable on Nov. 11.

“The vitally important sectors of the Ukrainian economy become
financially dependable on Russian banks… In the conditions of the actual
war conflict with Russia this situation affect the economic potential
of the state and its defense, according to our estimates,” he said.

He said that the Russian banking system is tightly pegged to the regime that Russia has and cannot act independently.

“The servicing of Ukrainian state enterprises and organizations at
Russian banks is actually a threat to Ukraine’s national security,” he
added.

Lubkivsky said that Ukrainian state-run banks are able to protect
financial information linked to national security: SBU several times
proposed that the government transferred state enterprises, state
agencies to servicing at state banks.

“Today the key issue is divulgence of a state secret,” he said.

He said that the servicing of state agencies at non-state banks also
brings a threat of leakage of personal data about military servicemen
and law-enforcers, including servicemen in the counterterrorist
operation zone.

“The list of banks which have the right to pay salaries to
budget-funded organizations approved by the Finance Ministry should be
revised,” he said.

Lubkivsky said that the said measures towards subsidiaries of Russian banks will be temporary.

“It could last for four or five years,” he added.