Economy 2022-06-15T06:55:04+03:00
Ukrainian news
Russia Imposes Sanctions Against INGO Ukraine Insurance Company And Bank Credit Dnepr

Russia Imposes Sanctions Against INGO Ukraine Insurance Company And Bank Credit Dnepr

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Russia, sanctions, Viktor Pinchuk, Oleksandr Yaroslavskyi, INGO Ukraine, insurance company, Bank Credit Dnepr

The Russian Federation has imposed sanctions against Kyiv-based INGO Ukraine insurance private joint-stock company and Kyiv-based Bank Credit Dnepr public joint-stock company.

Respective Executive Order of the Russian Government 1300 dated November 1, 2018 was posted on its official website, Ukrainian News Agency reports.

Early in November 2017, businessman Oleksandr Yaroslavskyi became an ultimate beneficiary of INGO Ukraine.

INGO Ukraine is one of the largest insurance organizations of Ukraine.

The 100-percent stake in Bank Credit Dnepr belongs to businessman Viktor Pinchuk.

As Ukrainian News Agency earlier reported, the Russian Federation has imposed sanctions against 322 individuals and 68 legal entities from Ukraine.

The sanctions envision freezing of non-cash funds, uncertified securities, and property in the territory of Russia and a ban on transfer of funds abroad from Russia.





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