Russia's state-owned Promsvyazbank on April 19 said it was opening more branches in the four regions of Ukraine that Moscow claimed to have annexed last year, as Russia aims to provide civilians and soldiers with cheap credit and banking services. Promsvyazbank offers a range of services but has focused on state employees and the defense sector since it was bailed out by the central bank in 2017. The bank has already bought credit institutions in Ukraine's Donetsk and Luhansk regions. To read the original story by Reuters, click here.
Russia's Promsvyazbank Opens More Branches In Occupied Ukraine
People walk past a branch of Promsvyazbank in Moscow.