Tigipko was allowed to buy a Bank

Tigipko was allowed to buy a Bank


The size of the total assets of the “Universal Bank” takes the 27th place in Ukraine.

The Antimonopoly Committee of Ukraine (AMCU) has allowed businessman, ex-Deputy Prime Minister-Minister of social policy Sergei Tigipko indirectly to purchase a “Universal Bank” (Kyiv) company Bailican Limited (Cyprus).

It is reported by Interfax with reference to the decision of the Antimonopoly Committee of 17 November.

The Agency reports that “Universal Bank” (previously “Universal”) was founded in 1994, the largest shareholder of the Bank at the beginning of this year was ERB New Europe Holding B. V. (Netherlands, 99,9656%).

According to the NBU, on October 1 by total assets “Universal Bank” occupied 27-e a place (5,397 billion UAH) among the 100 active banks.

Tigipko is the founder and principal shareholder of the financial and industrial group “TAS”, which was founded in 1998.

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We will remind, recently the Dutch insurance company withdrew from the Ukraine: all the shares transferred to the company Tigipko. In particular, the insurance company Aegon left the Ukrainian market and 100% of the shares sold to a Ukrainian group of TAS.

The founder and main shareholder of the Group “TAS” and its management company is a well-known businessman and politician Serhiy Tigipko, who yesterday sold its insurance business in Cyprus.