KYIV, June 10 – PrivatBank estimates its losses due to the annexation of Crimea at $9 billion, Deputy Board Chairperson Halyna Pakhachuk has said in an interview with NV.Business magazine published on June 7.

"The lawsuit was filed for the amount of over $1 billion [in the Permanent Court of Arbitration in The Hague regarding assets in Crimea]. But, if you assess the losses as a whole, I think that the bank lost more than $9 billion. This is the currency position, these are loans," Pakhachuk said.