Альфа-Банк intends to change its name to Сенс Банк (English: Sense Bank) – after the name of the digital bank Sense SuperApp, which will be promoted from the end of 2020.
This information, pre-distributed by the “Finklub” publication, is confirmed by the bank’s publication in the disclosure system of the National Securities and Stock Market Commission (НКСБФР) about the holding of a shareholder meeting remotely on August 12 this year with a clause on renaming.
In addition, at the meeting it is planned to consider the issues of making changes to the statute, provisions on the shareholders’ meeting and the supervisory board, as well as to the principles of corporate governance.
As the ex-Minister of Finance of Bulgaria, Simeon Dyankov, previously noted in an interview with the “Interfax-Ukraine” agency, to whom in mid-April, in agreement with the National Bank, the right to vote on the majority package of Alfa-Bank was transferred, the board of the financial institution decided to abandon the “Alfa” brand and continue working under a new brand.
“A few days after the start of the war, the government decided to abandon the brand “Alfa-Bank”. The bank does not want to have anything to do with the aggressor country, even at the level of associations and a brand that works in Russia”, Dyankov explained the reasons for the renaming.
According to the bank, its largest shareholders at the moment are Andrey Kosogov (40.9614%, to whom after the war the packages that fell under the sanctions of German Khan and Aleksey Kuzmichev were transferred in the amount of 20.9659% and 16.3239% respectively), Mikhail Fridman (32.8632%), Петр Авен (12.4018%), UniCredit S.p.A. (Italy, 9.9%), Mark Foundation for research on cancer diseases (3.8736%). Дянков is a trusted person of the NBU on the packages of Kosogov and who were sanctioned by Fridman and Aven.
Alfa-Bank Ukraine, according to the NBU, on June 1, 2022, in terms of total assets, took the 6th place (107.35 billion UAH) among 69 banks operating in the country. Its assets decreased by 5.22 billion UAH compared to 2.19 billion UAH in April, and 1.04 billion UAH were additionally allocated to reserves against 0.78 billion UAH in April.
The bank’s net loss in May amounted to UAH 383.2 million, in April – UAH 307.4 million, but overall, for five months, the financial institution made a net profit of UAH 30.1 million.
