The owner of TASKOMBANK submitted all the necessary documents to the Antimonopoly Committee of Ukraine and the National Bank of Ukraine to obtain permission for the transaction for 99.9% shares of VS Bank (Lviv).
The NBU replied that now all the documents will undergo inspection for the necessary approvals.
At the moment, the indirect owner of 99.9% of VS Bank's shares is Sberbank of Russia.
The assets of VS Bank amounted to UAH 3.6 bln (USD 138mln), as of July 1, 2017.
Former NBU head Sergei Tigipko is associated with the financial and industrial group TAS group represented by TASKOMBANK and TAS Insurance Group.
In December 2016, the businessman acquired Universal Bank and the insurance company Aegon Life Ukraine. This year, TASCOMBANK purchased a part of the assets and liabilities of the insolvent Diamantbank and Novy Bank.
TASKOMBANK is ranked 19th in terms of assets amounting to UAH 10.6bn among 88 operating banks in Ukraine, as of July 1, 2017.
