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Kiev Reluctant to Stop Vandalism Against Russian Banks, Causes Unclear - Kremlin

© AP Photo / Sergei ChuzavkovRadicals in front of a Sberbank branch in Kiev, putting up posters which read "Attention! This is a bank of an aggressor country. It will be closed. Urgently withdraw your money!", during a protest. Graffiti reads "Death to Russian banks." March 10, 2017
Radicals in front of a Sberbank branch in Kiev, putting up posters which read Attention! This is a bank of an aggressor country. It will be closed. Urgently withdraw your money!, during a protest. Graffiti reads Death to Russian banks. March 10, 2017 - Sputnik International
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The Kremlin does not understand the Ukrainian authorities' reluctance to stop vandalism against Russian banks, Kremlin spokesman Dmitry Peskov said Wednesday.

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MOSCOW (Sputnik) — The Kremlin does not understand the reluctance or inability of the Ukrainian authorities to stop vandalism against Russian banks' subsidiaries, Kremlin spokesman Dmitry Peskov said Wednesday.

"Of course, we are watching with great concern the conditions in which subsidiaries of financial and credit organizations have to work in Ukraine. We believe that, of course, this situation… absolutely destroys the general investment climate in Ukraine and shows the whole world that now it is very dangerous and it is hardly economically expedient to work on the territory of Ukraine," Peskov told reporters.

He added that it was also physically and morally dangerous to work at the moment in Ukraine.

"We state that we do not understand the inability or unwillingness of Ukraine's law enforcement bodies to stop radical elements," he said.

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Peskov highlighted it was necessary to monitor the situation, adding that it was early to talk about potential closure of Russian banks' subsidiaries in case the situation worsened.

On March 7, the National Bank of Ukraine said it might initiate sanctions against the subsidiary of Russia's Sberbank in the country if the Russian leading bank started providing services for holders of passports of self-proclaimed Donetsk and Luhansk people's republics in eastern Ukraine.

On Monday, Ukrainian branch of Russia's Sberbank said it appealed to law enforcement agencies after radical activists walled off its central office entrance in Kiev with concrete blocks. The situation exacerbated on Tuesday, with vandalism against Russian banks' subsidiaries intensifying.

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