ACU allow Tigipko to purchase a «Universal Bank»

The Antimonopoly Committee of Ukraine allowed Sergei Tigipko, the owner of «Taskombank», buy «Universal Bank» that is part of the international financial group Eurobank (Greece).

This is stated in the decision of the Committee published on its website.

«Allow a natural person – citizen of Ukraine Tigipko Sergey Leonidovich indirect (through the company Bailican Limited (Nicosia, Cyprus) acquisition of stocks of «Universal Bank» (Kiev, Ukraine), which provides excess of 50 percent of the votes in the Supreme governing body of» — referred to in the message.

In addition, as reported on the website of the AMC, Tigipko also received permission to indirect (through T. A. S. Overseas Investments Ltd (Nicosia, Cyprus)) purchase over 50% shares of the insurance company Aegon Life Ukraine (Kiev, Ukraine), a member of the international insurance group Aegon, headquartered in the Hague (Netherlands).

Yak said to UNIAN, owned by Tigipko «Taskombank» (formerly Bank «Business Standard», Kiev) works on the Ukrainian market since 1989, taking as at 1 October 25-th place among 100 employees of banks in terms of assets.

We will remind, in January the national Bank of Ukraine adopted a decision to divide banks into four groups according to the new criteria, whereas previously the banks were divided into groups by asset size. In accordance with the new criteria provided for the following groups: banks with state share (in which the state owns a share of more than 75%), banks foreign banking groups (banks, owners of the controlling interests in which are foreign banking institutions), group I (banks, share of assets which is more than 0.5% of banking system assets), group II (banks, share of assets which is less than 0.5% of banking system assets).

«Universal Bank» was included in group I banks. Also there came another 12 financial institutions – PrivatBank, «Alfa-Bank», FUIB, the Bank «Pivdenny», «Khreschatyk», PJSC «Megabank», «Credit Dnepr», «ProCredit», «Fidobank», «platinum Bank», «East», «Diamond».

ACU allow Tigipko to purchase a «Universal Bank» 28.11.2016

Ноябрь 28th, 2016 by
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