PrivatBank has said that it is impossible to continue operating in Crimea and asked its clients to sign a petition appealing to Russian President Vladimir Putin to leave its clients in a civilized way, KyivPost reports.
Privatbank, which is Ukraine largest private bank and holds about 5 billion hryvnia ($445 million) in private deposits for customers in Crimea, halted operations there temporarily early March, citing legal uncertainty in the peninsula and an inability to deliver cash to the break-away region.
As earlier reported, Crimean Prosecutor’s Office has filed a lawsuit to seize the physical assets of the Crimean branch of Privatbank.
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