1 Answers

Yaroslav Sikorsky

Answer provided 12.06.2023 23:06

Adding OTP Bank or any other bank to the list of international war sponsors does not result in its closure.

Adding to the list of international sponsors of war will clearly have a negative impact on the reputation of a financial institution or other company or organization, both in Ukraine and around the world. Considering this, many international companies seek to significantly reduce or completely stop their presence on the Russian market, even at the risk of financial losses. This is due to the fact that in the future damages from "damaged reputation" may be much greater.

The answer is informational and does not replace a full legal consultation. For a detailed analysis of your situation, contact a lawyer directly.