Banks and banking technologies, the Near abroad

Of Crimea forced to suspend payments, because the Ukrainian banks out of the market, and cooperation with Russian banks still lack formal.

A large part of four-star and five-star hotels of Crimea indefinitely stopped accepting cards, reported ITAR-TASS administrators of local hotels. Card will not be accepted at three of the five five-star hotels and in 11 of 18 four stars.

Interviewed by ITAR-TASS hoteliers say that they are forced to suspend payments, because the Ukrainian banks with whom they used to work, leaving the market, and cooperation with Russian banks still lack formal.

According to the law on peculiarities of functioning of the financial system of the Crimea and Sevastopol for the period of transition of Ukrainian banks and non-Bank financial institutions are allowed to proceed in these regions of the Russian Federation before January 1, 2015 without the license of the Bank of Russia. But those who wish to continue working on the Peninsula were to be submitted by April 17, the Central Bank a notification that something has not made any Ukrainian Bank. In this regard, the Central Bank ordered the Ukrainian PrivatBank, all Ukrainian joint stock Bank (PJSC VAB Bank), the Bank "Kyivska Rus" and IMEXBANK to stop from April 21 work in the Crimea and Sevastopol.