Businessman Yaroslavsky mulling purchase of Ukrainian subsidiary of Russia's Sberbank

12:12, 17.06.2016 1 min read

Businessman Olekasndr Yaroslavsky is interested in investing in the Ukrainian banking sector. He is mulling the acquisition of one of the three subsidiaries of Russian banks in Ukraine, including the subsidiary of Russia's Sberbank, Bloomberg has reported.

He said in an interview with Bloomberg that he has not yet made any concrete steps in this direction.

In May 2016 Sberbank denied information that the bank intends to sell the Ukrainian subsidiary.

Sberbank (formerly PJSC Subsidiary Bank of Sberbank Russia, before that - NRB Bank) was founded in 2001. The bank ranked fourth among 109 operating banks as of April 1, 2016, in terms of total assets worth UAH 56.373 billion, according to the National Bank of Ukraine.

Five banks related to Russian capital – Prominvestbank, Sberbank, VS Bank, VTB bank and BM Bank – are operating in Ukraine.

Yaroslavsky is the founder of DCH Group.