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BNP Paribas to buy out UkrSibbank minority shareholders
Journal Staff Report

KYIV, Feb 27 - BNP Paribas S.A. (France) has increased its stake in UkrSibbank (Kyiv) to 60% from 59.99%, the Ukrainian bank reported in the information disclosure system of the National Securities and Stock Market Commission.

According to the report, the securities were transferred from the accounts of minority shareholders to the account of the French bank under the compulsory sale procedure. At the same time, the conditions for the redemption of securities are not specified.




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