OREANDA-NEWS. On September 3, 2013 the National Bank of Ukraine informed on assignation of permission on the reorganization of PJSC “UniCredit Bank” by its affiliation to PJSC “Ukrsotsbank” and approval of the plan of the reorganization of the first one.

From the moment of obtaining of the Regulator permission two Ukrainian subsidiaries of UniCredit have entered the final stage of the integration process which is totally in line with the intragroup strategy of the long-term presence on Ukrainian market.

Having the approval of the National bank of Ukraine PJSC “UniCredit Bank” achieved the right to start the process of migration of its clients to PJSC “Ukrsotsbank” by offering them to change the bank into its legal successor - PJSC “Ukrsotsbank”.

To remind, on 5 August, 2013 the Extraordinary Shareholders Meeting of PJSC “Ukrsotsbank” and the only shareholder of PJSC “UniCredit Bank” (UniCredit S.p.A (Milan), which solely executes the authorities of the General Meeting of Shareholders of PJSC “UniCredit Bank”, approved the decision on PJSC “UniCredit Bank” reorganization by its affiliation to PJSC “Ukrsotsbank” and also approved the compositions of Commission for reorganization.