Depositors of Sberbank's Ukrainian subsidiary received UAH 700 million in guaranteed compensation on June 16.

Depositors of Sberbank's Ukrainian subsidiary received UAH 700 million in guaranteed compensation on June 16.

Depositors of Sberbank's Ukrainian subsidiary received UAH 700 million in guaranteed compensation on June 16.

Depositors of Sberbank's Ukrainian subsidiary were paid UAH 700 million, reports NV

The Deposit Guarantee Fund for Individuals issued approximately UAH 700 million in guaranteed compensation to depositors of the liquidated MR Bank (formerly Sberbank) from March 25 to June 14.

Interfax-Ukraine reports this, citing data from the Fund.

"As of June 14, 2022, MR Bank depositors received approximately UAH 700 million in guaranteed compensation," the Fund noted.

The Deposit Guarantee Fund previously stated that the balance of funds in the accounts of Sberbank's Ukrainian subsidiary, the International Reserve Bank (MR Bank), and VEB.RF's subsidiary, Prominvestbank (PIB), would be sufficient to cover payments to all individuals, including those in excess of the guaranteed amount.

On May 12, the Verkhovna Rada, by 334 votes, approved President Volodymyr Zelenskyy's decree of May 11 on the forced seizure of assets owned by Sberbank of Russia and VEB.RF in Ukraine. The decree also forcibly seizes 99,772644% of the shares of PIB, owned by VEB.RF, and 100% of the shares of MR Bank, owned by Sberbank of Russia.

On the second day of the war started by Russia, on February 25, the NBU revoked the banking license and liquidated the banks under Russian control – MR Bank and PIB.

Skelet.Org

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