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Austrians reject Ukrainian bid

Members of a Ukrainian business consortium say their plans to enter Europe’s banking market were stymied by discrimination, while local Austrian …
Vlad Lavrov

Banks merge ATM networks to better compete with large rival

Banks owned by two of Ukraine’s richest tycoons have decided to merge their ATM networks in order to better compete with their Ukrainian competitors …
Orysia Kulick

Raiffeisen might sell Ukrainian banking arm after Aval acquisition

Six months after Raiffeisen International bought the lion’s share in Ukraine’s Aval Bank for just over $1 billion, the Austrian-based banking group is …
Stephan Ladanaj

Another Ukrainian bank sold to foreign interest

France’s Credit Agricole bank said on March 24 that it signed an agreement with the shareholders of Ukraine’s Index Bank to acquire at least a 98 …
Stephan Ladanaj

Castles in your sand box

In mid-February the Post praised the entrance of three western banks onto the Ukrainian market after Banca Intesa of Italy inked a deal to purchase 85 …
Interns

Banking protectionists rattle sabres

Ukraine’s banking sector has seen quite a bit of investment activity recent activity recently, as majority stakes in three of the country’s largest …
Vasyl Pawlowsky

Italian bank buys Ukrsotsbank for $1.3 billion

Companies controlled by Ukrainian business tycoon and parliament deputy Viktor Pinchuk have inked an agreement to sell a controlling stake in one of …
Roman Olearchyk

Banking on Ukraine

As the Post reported in a front page story, this week saw yet another major bet placed on Ukraine from abroad – the third, in fact, within less than a …
Interns

ProstoFinance wants to speed loans to consumers

France’s Societe Generale banking group has opened a consumer credit unit here called ProstoFinance, emphasizing quick and easy loans to consumers. …
Maya Yaremenko

Tycoon close to selling stake in Ukrsotsbank

Ukrainian tycoon and parliamentary deputy Viktor Pinchuk is close to selling a controlling stake in Ukrsotsbank, one of Ukraine’s five largest banks …
Interns

Raiffeisen Ukraine replaces top local executive

Months after acquiring one of Ukraine’s top banks, Austria’s  Raiffeisen Banking Group has reshuffled top management of its Ukraine …
Eugenia Aleksandrova
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