The owner and president of DCH Group Oleksandr Yaroslavsky has submitted a package of documents to the National Bank of Ukraine (NBU) seeking the approval of the acquisition of Prominvestbank (PIB, Kyiv), Deputy NBU Governor Kateryna Rozhkova has said.

"On Friday [December 8] late in the evening the package of documents from Yaroslavsky arrived. Earlier we had only a letter of intent. Several meetings were held. One meeting was held with Yaroslavsky and one with his representatives. We discussed the prospect of the acquisition," Rozhkova said in an interview with the Business Censor publication.

The press service of the central bank told Interfax-Ukraine that on December 8, 2017, a package of documents to buy 99.7151% of shares in PIB was submitted.

The press service did not specify the name of the person who submitted the documents, only saying that this is a citizen of Ukraine.

According to Article 34 of the law on banks and banking operations, the NBU can consider these documents during three months.

As reported, on July 14 the NBU received a letter from the representatives of Yaroslavsky, which expressed the intention to submit to the NBU a package of documents in future to agree on the acquisition of a significant stake in Prominvestbank.

It was also reported that on July 28 the committee on supervision and regulation of banks' activities, oversight (oversight) of payment systems of the National Bank of Ukraine decided to refuse Maksym Mykytas and Pavlo Fuks the acquisition of significant participation in Prominvestbank. The central bank noted the potential buyers had not provided necessary documents to check investors for compliance with the requirements of Ukrainian legislation.