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Smart-holding Forum Bank purchase expected to close by late October
Journal Staff Report

KIEV, Sept. 6 – A deal on the acquisition of Forum Bank by Smart-holding from Germany's Commerzbank is at the stage of approval at the Antimonopoly Committee and the National Bank of Ukraine, and its closure is expected by late October, Smart-holding Investment Director Denys Rudev told Interfax-Ukraine on September 5, 2012.

"At present, we're obtaining a permit from the Antimonopoly Committee of Ukraine and the NBU. The sides are fairly observing all of the conditions of the agreement. Analyzing the operational indicators, I can say for sure that the situation in the bank is stable, and clients are reacting positively to the changes in Forum Bank," he said.




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