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Ukrsotsbank

Ukrsotsbank (in 2013–2016 known as UniCredit Bank – Ukrsotsbank) was a Ukrainian bank. It was a subsidiary of Alfa Group via a Luxembourg incorporated company АВН Holdings.[2] In October 2019 Ukrsotsbank was fully merged with Alfa-Bank (Ukraine).[3]

History

Bank Pekao – UniCredit

Ukrsotsbank

On 11 January 2016 UniCredit Group sold Ukrsotsbank to ABH Holdings, a subsidiary of Alfa Group. In exchange, UniCredit acquired 9.9% stake of ABH Holdings.[4]

In October 2019 Ukrsotsbank was fully merged with Alfa-Bank (Ukraine), who became the "full successor of all rights and obligations of Ukrsotsbank with respect to its clients, partners and counterparties."[5] In September 2019 Ukrsotsbank shareholders had approved this merger with Alfa-Bank.[6]

Gallery

See also

Other Ukrainian banks created in the Soviet Union

  • Prominvestbank
  • State Savings Bank of Ukraine

External links

References

  1. Ukrsotsbank increased its revenue over the year by 36.1% (Укрсоцбанк за рік наростив прибуток на 36,1%). Ekonomichna Pravda (Ukrayinska Pravda). 27 January 2014^
  2. UniCredit Bank is returning to its historical name – Ukrsotsbank (UniCredit Bank повертається до історичної назви – Укрсоцбанк). Ukrsotsbank. 1 December 2016^
  3. "Альфа-Банк" остаточно купив "Укрсоцбанк"^
  4. UniCredit: Binding Agreement Reached to sell Ukrsotsbank to Alfa Group's ABH Holdings UniCredit, 11 January 2016, retrieved 21 December 2016^
  5. "Альфа-Банк" остаточно купив "Укрсоцбанк"^
  6. Shareholders of "Ukrsotsbank" approved the merger with "Alfa-Bank" (updated) Censor.net, 2019-11-09, retrieved 2023-07-21^