17:42 21.07.2017

Businessman Prokopenya will buy Belarusian Paritetbank for $50 mln for subsequent purchase of Ukraine's Sberbank

Businessman Prokopenya will buy Belarusian Paritetbank for $50 mln for subsequent purchase of Ukraine's Sberbank

Belarusian authorities have allowed businessman Viktor Prokopenya to buy Belarusian Paritetbank for $50 million, through which he plans to purchase the Ukrainian subsidiary of Sberbank of Russia.

"The stake in the ownership of Belarus will be sold to Prokopenya for $50 million," VP Capital investment company, owned by the businessman, said.

The company referred to the presidential decree of July 18, 2017, according to which 99.83% of the bank's shares will be sold to Prokopenya.

The presidential decree on alienation of the shares was registered in the national register of legal acts on July 21, but the text of the document is currently unavailable.

As reported, Viktor Prokopenya, a citizen of Belarus and Cyprus, on June 30 submitted a package of documents to the National Bank of Ukraine (NBU) for the approval of buying 100% in Ukraine's Sberbank through Paritetbank. It was also reported that VP Capital filed documents to the regulatory authorities of Belarus necessary to purchase a 99.83% stake in Paritetbank for $50 million.

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