Sberbank Opens First Full-Service Branches in Occupied Ukraine’s Kherson, Zaporizhzhia Regions

INSUBCONTINENT EXCLUSIVE:
and the Zaporizhzhia region city of Melitopol, according to the state-run news agency TASS.The announcement comes six months after Sberbank
announced new offices in the Luhansk and Donetsk regions
The bank nowlists four full-serve branches in Donetsk and five in Luhansk, with dozens of mobile and other types of locations across the two
regions.President Vladimir Putin, who unilaterally annexed the four partially occupied Ukrainian regions after invading the neighboring
The state-owned Promsvyazbank was the first Russian lender to launch operations in those regions.Sberbank was among the first Russian
companies to be sanctioned over the invasion of Ukraine, leading to its complete withdrawal from the European market
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