The Antimonopoly Committee of Ukraine has given permission to individuals to acquire PAO KSG Bank.

amkuThe AMCU (Antimonopoly Committee) has granted permission for two individuals to acquire more than 50% of the shares of PJSC KSG Bank. This will result in the financial institution being fully controlled by certain individuals, the AMCU press service reported.

It is reported that permission to acquire the capital of KSG Bank has been granted to associated individuals – citizens of Ukraine.

It was previously reported that in November 2015, the NBU granted permission for Sergey Kasyanov and Ksenia Kasyanova to acquire a direct stake in PJSC KSG Bank. The regulator authorized these individuals to acquire 66,9205% of the financial institution's shares.

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