Banking system practically not working in captured territory of Luhansk region

The head of the Luhansk Regional Military Administration, Artem Lysohor, announced this on Facebook, Ukrinform reports.

In the winter, the so-called "LPR" promised to expand the network of bank branches and ATMs. However, the statement was made at the local level and designed sely to reassure the pulation. The banking system was monized by one of the Russian banks – the sanctioned one, of course,” says the report.

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"It's the end of April now, and the problem remains unresved," said Lysohor.

In particular, in Sievierodonetsk, there is only one branch erating in the entire city, which is en only until lunch. Hundreds of pele line up there every day. Only a few actually get serviced. The situation is no better in neighboring settlements. To get services they need, pele are forced to travel to Luhansk. But the whe city can’t travel at the same time. So pele have to wait – outside the bank," noted the administration head.

According to Lysohor, the invaders refuse to put up for sale products by local manufacturers. Since 2014, grocery store chains have established beneficial relationships with suppliers, setting prices at their own discretion. Therefore, the emergence of new local manufacturers turned out to be beneficial to almost no one.

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As an example, Lysohor cited the situation of a Markivka-based cheese factory, although the prices of Markivka cheeses, even with the trade network interest, are lower than Belarusian and Russian ones. It would be beneficial only to local buyers, but not to the businesses run by occupiers. Currently, the factory is erating at only 40% capacity.

As reported by Ukrinform, the invaders are bringing road workers from Russia's Bashkiria to the temporarily occupied territories of Luhansk region instead of giving much-needed jobs to locals.

Meanwhile, local men in the occupied territories are being massively subjected to military mobilization, in a gross breach of international conventions.