KYIV, July 30 – The Investytsiyna Kredytna Ustanova LLC (Investment Deposit-Taking Institution) affiliated to Kyiv citizen Oleksandr Zinovyev is going to buy a Ukrainian subsidiary of Russia's VEB, Prominvestbank (PIB), put up for sale pursuant to an international arbitration award on the Crimean assets lawsuit filed by companies associated with the ex-owners of PrivatBank.

As the two company reported in the Ukrainian National Securities and Stock Market Commission's information disclosure system, it intended to acquire all 5,080,310,373 shares, which is 99.7726% of charter capital. The auction to sell the shares on the PFTS exchange is scheduled for August 28.