Ukrsotsbank (in 2013–2016 known as UniCredit Bank – Ukrsotsbank) was a Ukrainian bank. It was a subsidiary of Alfa Group via a Luxembourg incorporated company АВН Holdings.[2][3] In October 2019 Ukrsotsbank was fully merged with Alfa-Bank (Ukraine).[4]
 | |
Native name | "Укрсоцбанк" |
|---|---|
| Formerly | Bank Pekao Ukraine, UniCredit Bank Ukraine – Ukrsotsbank |
| Company type | Public company |
| Industry | Commercial bank |
| Founded | Lutsk, Ukraine (1997) |
| Headquarters | , |
Area served | Ukraine |
Key people | Tamara Savoshchenko (Executive director) |
| Products | Retail, investment and private banking, investment management, public finance |
 ₴ 10.988 billion (2013[1]) | |
| Total assets | ₴ 43.057 billion (2014[1]) |
| Total equity | ₴ 8.668 billion (2014[1]) |
| Owner | АВН Holdings (99.9%) |
Number of employees | 4,830 (2015) |
| Website | ukrsotsbank.com |
History
editBank Pekao – UniCredit
editThe bank was founded in 1997 in Lutsk as the branch of Polish company Bank Pekao. In 1999 UniCredito Italiano acquired Bank Pekao and in 2005 HypoVereinsbank became the intermediate parent company of the bank. Since 2006 the bank offices in Ukraine carried the name UniCredit Bank (Ukraine). In 2011 UniCredit acquired a major Ukrainian bank "Ukrsotsbank" that traces its history to the late Soviet Union.[citation needed]
Ukrsotsbank
editUkrsots bank was established in October of 1990 and based on the Ukrainian republican chambers of the Soviet Sotsbank. Ukrsotsbank was registered with the Soviet State Bank.[citation needed]
On 11 January 2016 UniCredit Group sold Ukrsotsbank to ABH Holdings, a subsidiary of Alfa Group. In exchange, UniCredit acquired 9.9% stake of ABH Holdings.[2]
In October 2019 Ukrsotsbank was fully merged with Alfa-Bank (Ukraine), who became the "full successor of all rights and obligations of Ukrsotsbank with respect to its clients, partners and counterparties."[5] In September 2019 Ukrsotsbank shareholders had approved this merger with Alfa-Bank.[6]
Gallery
edit-
Office in Luhansk, 2005 -
Office in Lviv, 2008 -
Office in Kremenchuk, 2011
See also
editOther Ukrainian banks created in the Soviet Union
References
edit- ^ a b c Ukrsotsbank increased its revenue over the year by 36.1% (Укрсоцбанк за рік наростив прибуток на 36,1%). Ekonomichna Pravda (Ukrayinska Pravda). 27 January 2014
- ^ a b "UniCredit: Binding Agreement Reached to sell Ukrsotsbank to Alfa Group's ABH Holdings". UniCredit. 11 January 2016. Retrieved 21 December 2016.
- ^ UniCredit Bank is returning to its historical name – Ukrsotsbank (UniCredit Bank повертається до історичної назви – Укрсоцбанк). Ukrsotsbank. 1 December 2016
- ^ ""Альфа-Банк" остаточно купив "Укрсоцбанк"".
- ^ ""Альфа-Банк" остаточно купив "Укрсоцбанк"".
- ^ "Shareholders of "Ukrsotsbank" approved the merger with "Alfa-Bank" (updated)". Censor.net (in Ukrainian). 2019-11-09. Retrieved 2023-07-21.
External links
edit- UniCredit Online for Ukrsotsbank (showing association with the UniCredit)
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