ABH Holdings S.A., which indirectly holds 100% of shares in Alfa-Bank (Ukraine), still plans to acquire Ukrsotsbank under an agreement signed in January 2016 with Italy's UniCredit, the press service of Alfa-Bank (Ukraine) has told Interfax-Ukraine.

"We firmly declare our development strategy, as well as our shareholders who are ready to invest in Ukraine. We understand that this is one of the promising markets, and we do not plan to abandon any development plans," the press service said, citing CEO Rushan Khvesiuk.

The press service said that the deal will be finalized after the regulator provides all the required permits.

Earlier it was reported that Alfa-Group abandoned its plans to acquire ZUNO online bank from Raiffeisen Bank International, which operates under the license of the Austrian department of financial market affairs and it is presented on the Czech and Slovakian markets.

UniCredit Group (UCG) and ABH Holdings S.A. (ABHH) in January 2016 signed an agreement for the transfer of 100% of Ukrsotsbank (UCG's bank in Ukraine) in exchange for a minority 9.9% stake in ABHH.