KYIV, March 7 – The National Bank of Ukraine (NUB) has written and submitted to the Verkhovna Rada a bill, the adoption of which will allow the state to nationalize Sense Bank (formerly Alfa-Bank) of sanctioned Mikhail Fridman, Petr Aven and several other Russian shareholders, the Economic Pravda publication reported in Tuesday and published a corresponding letter to the relevant parliamentary committee.

"The key change proposed by the NBU is to oblige the regulator to recognize the bank as insolvent and withdraw it from the market if Ukrainian and international sanctions are applied against the owners of such an institution," the newspaper wrote.