{"id":623092,"date":"2026-10-07T12:22:06","date_gmt":"2026-10-07T09:22:06","guid":{"rendered":"https:\/\/korabelov.info\/2026\/10\/623092\/russia-must-pay-privatbank-more-than-327-million-for-assets-lost-in-crimea\/"},"modified":"2026-10-07T12:22:09","modified_gmt":"2026-10-07T09:22:09","slug":"russia-must-pay-privatbank-more-than-327-million-for-assets-lost-in-crimea","status":"publish","type":"post","link":"https:\/\/korabelov.info\/en\/2026\/10\/623092\/russia-must-pay-privatbank-more-than-327-million-for-assets-lost-in-crimea\/","title":{"rendered":"Russia must pay PrivatBank more than $327 million for assets lost in Crimea"},"content":{"rendered":"<p><strong>Russia<\/strong> must pay <strong>PrivatBank<\/strong> more than <strong>$327 million<\/strong> in compensation for assets lost after the occupation of <strong>Crimea<\/strong>. The arbitration tribunal in <strong>The Hague<\/strong> issued the ruling.<\/p>\n<p>The bank launched the case in <strong>2015<\/strong>. The legal basis was the <strong>1998<\/strong> bilateral agreement between <strong>Ukraine<\/strong> and <strong>Russia<\/strong> on the promotion and mutual protection of investments.<\/p>\n<p>Before the peninsula\u2019s occupation, <strong>PrivatBank<\/strong> owned a substantial amount of assets there, including:<\/p>\n<ul>\n<li>loans;<\/li>\n<li>real estate;<\/li>\n<li>cash.<\/li>\n<\/ul>\n<p>Measures taken by <strong>Russia<\/strong> after the occupation deprived the bank of these assets and forced it to cease operations in <strong>Crimea<\/strong>.<\/p>\n<p>The compensation awarded covers not only the value of the assets, but also the bank\u2019s costs and expenses, as well as interest accrued since <strong>April 18, 2014<\/strong>. Interest will continue to accrue until the compensation is paid in full.<\/p>\n<p>The tribunal also rejected <strong>Russia\u2019s<\/strong> objections that <strong>PrivatBank\u2019s<\/strong> investments were allegedly illegal. It noted that this did not deprive it of jurisdiction or make the bank\u2019s claims inadmissible.<\/p>\n<p><strong>PrivatBank Board Member<\/strong> for Reorganization and Distressed Assets <strong>Solvita Deglava<\/strong> said:<\/p>\n<blockquote class=\"quote-light\">\n<p>The final arbitral award is a clear and important victory, concluding <strong>11 years<\/strong> of legal efforts by <strong>PrivatBank<\/strong> to achieve justice and uphold the principle that unlawful expropriation must have consequences<\/p>\n<\/blockquote>\n<p>She added that the bank expects the ruling to be fully enforced and plans to take the necessary steps to recover the compensation awarded.<\/p>\n<p>The <strong>United States<\/strong> has imposed new sanctions on Russia\u2019s <strong>VTB<\/strong> bank over its activities linked to <strong>Iran\u2019s<\/strong> financial system and its assistance in evading US restrictions.<\/p>\n<p><!-- website-article-source:f2f45f4f5eed9b8fc7a60d10 --><\/p>\n<p><strong>We previously reported:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/korabelov.info\/2025\/11\/560004\/brytanskyj-sud-postavyv-krapku-kolomojskyj-maie-viddaty-pryvatbanku-3-miliardy\/\" rel=\"noopener\" target=\"_blank\">British court brings the case to a close: Kolomoisky must pay PrivatBank $3 billion<\/a><\/li>\n<li><a href=\"https:\/\/korabelov.info\/2025\/07\/549275\/9-2-miliarda-z-kyshen-vkladnykiv-nabu-zavershylo-spravu-proty-kolomojskoho\/\" rel=\"noopener\" target=\"_blank\">$9.2 billion from depositors\u2019 pockets: NABU completes case against Kolomoisky<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcf0 \u2696\ufe0f The bank fought for compensation for 11 years.<\/p>\n<p>\ud83d\udd39 Russia challenged the legality of its investments, but the arbitration tribunal rejected these arguments. The amount awarded included interest accruing from April 18, 2014\u2014and interest will continue to accrue until payment is made in full.<\/p>\n","protected":false},"author":12394,"featured_media":623071,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","tstyn_error":"","tie_post_sub_title":"Interest on the compensation will accrue until it is paid in full"},"categories":[3680],"tags":[3687],"class_list":["post-623092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-suspilstvo","tag-krimu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Russia must pay PrivatBank more than $327 million for assets lost in Crimea - \u041d\u043e\u0432\u043e\u0441\u0442\u0438 \u041d\u0438\u043a\u043e\u043b\u0430\u0435\u0432\u0430 c\u0435\u0433\u043e\u0434\u043d\u044f<\/title>\n<meta name=\"description\" content=\"\ud83d\udcf0 \u2696\ufe0f The bank fought for compensation for 11 years. \ud83d\udd39 Russia challenged the legality of its investments, but the arbitration tribunal rejected these arguments. 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