MOSCOW (Sputnik) — Ukrainian President Petro Poroshenko approved earlier on Thursday the National Security and Defense Council of Ukraine's proposal to impose one-year sanctions on subsidiaries of five Russian state banks, including Sberbank.
"The sanctions will not impact the legitimate interests of Sberbank clients [in Ukraine]. Sberbank has all necessary resources and management expertise to continue stable work," the statement said.
According to the document, the bank has a clientele of over a million Ukrainian citizens and thousands of local businesses.
