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ABH Ukraine Limited has increased its shareholding in JSC Alfa-Bank

June 25, 2020. TAG: Financial Services

On June 25, 2020, Alfa-Bank’s shareholder structure was changed - ABH Ukraine Limited (ABHU, Cyprus) increased its shareholding in the Bank through the repurchase of the stake from MSP Stiftung (Liechtenstein). As a result of the transaction, ABHU's equity stake in the bank increased up to 42.3994%

The transaction also led to minor changes in the ultimate ownership structure of JSC Alfa-Bank. Actually, the ultimate substantial shareholders of JSC Alfa-Bank are as follows: Mikhail Fridman – 32.8632%, German Khan – 20.9659%, Alexey Kuzmichev – 16.3239%, and Petr Aven – 12.4018%.

The transaction was carried out in full accordance with the legislative and regulatory requirements of Ukraine.

Alfa-Bank (Ukraine)

ABH Holdings S.A. (ABHH) is a privately owned Luxembourg-based investment holding company investing into several banking groups in the CIS and Europe. ABHH includes Alfa-Bank (Russia), Alfa-Bank (Ukraine), Ukrsotsbank (Ukraine), Alfa-Bank (Belarus), Alfa-Bank (Kazakhstan) and Amsterdam Trade Bank N.V.

Alfa-Bank (Ukraine), registered in Ukraine in January 2001, ranks among the largest banks in Ukraine. Alfa-Bank (Ukraine) operates in all key sectors of the banking sphere.

 
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