You're reading: NBU extends sanctions against Sberbank, PIB, VTB and BM Bank

The National Bank of Ukraine (NBU), pursuant to the decision of the National Security and Defense Council of March 1 on applying personal special economic and other restrictive measures (sanctions), has extended sanctions against PJSC Sberbank, PJSC Prominvestbank, PJSC VTB Bank, and PJSC BM Bank (all based in Kyiv).

According to the website of the central bank, the corresponding decision was approved by NBU board resolution No. 24 dated March 15 on amendments to NBU board resolution No. 654 of October 1, 2015, which enters into force on March 16, 2018.