Skip to content
Sign In Subscribe
The Risks — Government

Ukraine faces $400 million arbitration claim over Sense Bank nationalization, Vedomosti reports

,   and  URN News Staff
2 min read
Photo by Sense Bank

Dutch special purpose entity E.M.I.S. Finance has filed an arbitration claim against Ukraine seeking to recoup $400 million in lost investments due to the nationalization of Sense Bank, former Alfa-Bank Ukraine, Russian business newspaper Vedomosti reported.

Ukraine's government completed the nationalization of Sense Bank, the country's top commercial lender controlled by Russian billionaire Mikhail Fridman at the time, in July 2023, as part of the broader effort to diminish Russia's economic influence following Moscow's full-scale invasion in February 2022.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Related

Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution
Only on URN

Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution

FortuneGuard, a Ukrainian InsureTech startup that has developed an AI-powered war risk insurance solution for Ukraine, is now in talks to raise capital and take the model to new markets and product lines. The solution, launched in partnership with UK reinsurance broker McGill and Partners and ARX Insurance, a Ukrainian

,   and  Adam Brown
Members Public

Latest

99 stock-buying ideas to invest in the reconstruction of Ukraine
Tips for Investors

99 stock-buying ideas to invest in the reconstruction of Ukraine

Dear reader, As building materials manufacturers, mining companies, airlines, venture capitalists, investment bankers and others take note of the possibility of an end to the war and the start of the historic reconstruction, so too does the global stock-investing community. Ukraine Rebuild Newswire recently asked Swen Lorenz, the face of

,   and  Adam Brown
Members Public
Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution
Only on URN

Exclusive: Ukraine's FortuneGuard in talks to raise $50 million to expand AI-based war-risk insurance solution

FortuneGuard, a Ukrainian InsureTech startup that has developed an AI-powered war risk insurance solution for Ukraine, is now in talks to raise capital and take the model to new markets and product lines. The solution, launched in partnership with UK reinsurance broker McGill and Partners and ARX Insurance, a Ukrainian

,   and  Adam Brown
Members Public