News • 20 September 2017

Anatoliy Amelin commented on the “law” on writing off the debts of Crimean residents to Ukrainian banks

UIF

UIF team

Administration

– The given decision was predictable, and the majority of borrowers from 2014 ceased to serve loans. Ukrainian banks have long ago created reserves for these loans, which affected their financial indices in years 2014-2015. Moreover, many borrowers, legal entities, have changed their registration into Russian. It is extremely difficult to collect these loans in the legal field. Taking into account this decision, I think it would be right to make a claim not to the borrowers, not to the Crimean council, but to the Russian Federation, with demand to compensate the caused damages. The question is: who will make demands?

It would be logical for the Ukrainian banks to make claims, but only when Ukraine officially pushes its demands to the Russian Federation in the court for compensation of the caused damages, – Anatoliy Amelin commented.

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