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Ukrsotsbank, Alfa-Bank to complete merger in autumn, official says
Journal Staff Report

KYIV, July 8 The transfer of Ukrsotsbank's assets to Alfa-Bank has completed and the legal merger is expected to complete this autumn, General Manager of the board of the Alfa-Bank banking group, Board Chairman of Ukrsotsbank Ivan Svitek has said.

"The merger has actually ended, as all the time we focused not on a legal merger, but on transferring the active business of Ukrsotsbank to the platform of Alfa-Bank Ukraine," he said in an interview with Interfax-Ukraine.




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