Tuesday, October 25, 2011

Bank of Yanukovych's Jr. will open 15 branches in 2011

Alexander Yanukovych Ukrainian National Development Bank, under supervision of Alexander Yanukovych intends to end of 2011 to open about 15 branches of the Bank, in particular, intends to soon open an office in Lviv, Mariupol, two offices, a branch in Kiev, described in Bank reports, reports Interfax-Ukraine. The report also states that on January 20 the bank opened an office in Donetsk, offering a full range of banking services for businesses and individuals. Bank's regional network includes about a dozen business units. National Bank has registered a FBG in April 2009. By October 1, 2010 the sole shareholder finuchredzheniya was "Donsnabtara, whose main owner is the son of President Oleksandr Yanukovych. Previously reported that Yanukovych, Jr., until recently controlled 90% by EBE LLC Donsnabtara, intends to become directly owns 100% of the shares of the bank: in December 2010, he had already received permission of the Antimonopoly Committee of Ukraine for the purchase of more than 50% of its shares . According to NBU, the beginning of October -2010 by total assets held FBG 138-th place (349 million USD) among the 176 existing ones. Chairman of the Management Board is the mother of NBU - Valentine Arbuzov. The sole shareholder of the bank is "Donsnabtara, 95% owned directly president's son - Alexander Yanukovych.

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