Ukrainian businessman Oleksandr Yaroslavsky, the former co-owner of UkrSibbank, could acquire Bank Credit Dnipro, which is currently owned by Ukrainian businessman Victor Pinchuk.
The Antimonopoly Committee of Ukraine (AMC) told Interfax-Ukraine that the agency allowed Yaroslavsky to purchase more than 50% of the shares in the bank.
EastOne investment and consulting group, combining Pinchuk’s assets, did not comment on this information.
Yaroslavsky at the end of January informed Interfax-Ukraine agency about the completion of preparation of the documents necessary for the transaction on the purchase of Bank Credit Dnipro, which could happen in the coming days.
Bank Credit Dnipro was founded in 1993.
According to the National Bank of Ukraine, as of October 1, 2019, in terms of total assets (UAH 11.784 billion) the bank ranked 21st among 76 existing ones. In early February this year, the bank completed the procedure of increasing charter capital by UAH 866.562 million, or 32%, to UAH 3.587 billion.
