Alfa Group has neither planned nor plans to sell its banking assets in Russia
Alfa Group has neither planned nor plans to sell its banking assets in Russia
Alfa Group has neither planned nor plans to sell its banking assets in Russia
ABH Holdings S.A., which indirectly owns 99,9% shares in Alfa-Bank (Belarus), and the International Group "Home Credit" announced closing of the deal to purchase 100% of shares in Open Joint Stock Company Non-banking Credit and Financial Organization "Home Credit".
On 16 November 2017, the international investment foundation MSP Stiftung (Liechtenstein) became a shareholder of PJSC Alfa-Bank (Ukraine) having acquired 9.9% of its shares.
ABH Holdings S.A. and UniCredit Group announced the closing of the deal to transfer 99.9 % of shares in Public Joint Stock Company “Ukrsotsbank” (UCG asset in Ukraine) in exchange for a minority 9.9% stake in ABHH.
The National Bank of Ukraine (NBU) approved the deal between banking groups ABH Holdings S.A. (ABHH, Luxembourg) and UniCredit Group (UCG, Italy). This is stated in the decision of the NBU Committee on Oversight and Regulation of Banks.
The acquisition of Raiffeisen Bank International’s (RBI) direct bank ZUNO BANK AG by the Alfa Banking Group, as announced in September 2015, will not be concluded.
ABH Holdings S.A. (ABHH) and UniCredit Group (UCG) announced today that they have signed an agreement for the transfer of 99.8% of PJSC Ukrsotsbank (USB), UCG's bank in Ukraine, in exchange for a 9.9% minority stake in ABHH.
Online bank ZUNO operating in the Czech Republic and Slovakia will have a new owner – ABH Holdings S.A. (ABHH). The contract on the sale was successfully signed
ABH Holdings S.A. (ABHH), a Luxembourg-based private holding company with a number of investments into banking groups in the CIS and Europe, has entered into exclusive negotiations with UniCredit Group (UCG) regarding the potential sale of PJSC Ukrsotsbank.