BTA Bank (Kazakhstan) completed the buying-out process of 9,9996% deal on July 4, 2016. The selling party was Yupiter Trade company belonging to Mr. Andriy Levkivskiy. Before, in April Kazakh BTA increased statutory capital of the Ukrainian subsidiary and gained 89,9% stake adding to prior 49,988% shares. As of end 2015, the equity of the bank stood at UAH 1.5bn (USD 60mln). BTA Bank Ukraine generated profit of UAH 3.6mln in 2015 compared to UAH 39mln in 2014.
Kazakh BTA bank gains 99.99% shares of its daughter BTA bank in Ukraine
Kazakh BTA bank increased its share stake from 89.9% to 99.99%
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