Sberbank Europe AG sold its stake of 99.9230% in «VS Bank» to TAS Group

Sberbank Europe closes sale of PJSC «VS Bank» (Ukraine)

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Mag. Linda Michalech
Corporate Communications Manager

Sberbank Europe AG
Tel.: +43 1 22732 1300
Mobile: +43 664 8891 3662
linda.michalech@sberbank.at

Sberbank Europe closes sale of PJSC «VS Bank» (Ukraine)

Sberbank Europe AG, a subsidiary of the Sberbank Group, has completed the transaction to sell its stake of 99.9230% in PJSC «VS Bank» (Ukraine) to TAS Group. Completion of the transaction was approved by the Antimonopoly Committee of Ukraine, as well as the European Central Bank and the National Bank of Ukraine.

PJSC «VS Bank» (Ukraine) is a profitable bank that is highly capitalized. The bank is highly liquid, and has more than necessary funds to meet obligations toward its private and corporate clients. VS Bank has 422 employees and operates 35 branches. It has total assets worth EUR 121 million (as of 30 September 2017).


About TAS Group
TAS Group, founded in 1998, is one of the largest financial and industrial groups in Ukraine.
The group is represented in financial services, industry, agriculture, real estate, pharmaceutical industry, and venture projects. Financial sector of TAS Group includes JSC “Tascombank”, PJSC “Universalbank”, financial company “Financial Solutions Center” (“CreditMarket” brand), leaders of Ukrainian insurance market – Insurance Group “TAS” and Insurance company “TAS”, Financial company “European Agency for Debt Recovery”, “TAS Link” processing center, “ULF-Finance” leasing company. The founder and main shareholder of TAS Group is Mr. Sergiy Tigipko. Website: www.tas.ua

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