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Stockholm Institute accepts PrivatBank $1 billion Crimea claim
Journal Staff Report

KIEV, Feb. 8 – The Arbitration Institute of the Stockholm Chamber of Commerce has accepted the claims of PrivatBank (Dnipropetrovsk), the largest bank in Ukraine on the lost assets of around $1 billion due to the annexation of Crimea, PrivatBank Chairman Dmytro Dubilet said in an interview with Novoye Vremia.

"We've passed all the procedures, and the Arbitration Institute of the Stockholm Chamber of Commerce has accepted the claims. This concerns a sum of around $1 billion. Subject of the claim is property, credits and assets lost [in Crimea]. Of course, Russia is not participating in it," he said.




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