Photo from UNIAN
Prior to buying Russian Sberbank's Ukrainian subsidiary, namely VS Bank, Tigipko had acquired Universal Bank from the Greeks.
Sergiy Tigipko, the founder and main shareholder of a Kyiv-based TAScombank, has announced his plans to acquire another financial institution.
"We've bought and will buy a lot of things. VS Bank is already on our balance sheet. Our capital is growing. The most perfect deal is buying a bank. We are now ready to purchase another bank and to integrate it into TAScombank if necessary," he told the Ukrainian Banking Forum, as reported by FinClub on October 16.
Tigipko added that the banking group would not reduce the number of branches.
"We'll continue to build up technology. In any case, we won't shut down the branches. We're also analyzing all sales channels. Branches is the most effective one among them as of today," the banker said.
Read alsoNBU suspects Tigipko's bank in illegal cashing in of almost US$138 mln
Prior to buying Russian Sberbank's Ukrainian subsidiary, namely VS Bank, Tigipko had acquired Universal Bank from the Greeks. He also bought credit portfolios of Platinum Bank, New Bank, and Forum Bank, as well as VTB Bank that has debts before Ukraine Minerals Group.
As UNIAN reported earlier, the National Bank in March fined TAScombank for UAH 6.08 million due to risky activities in the field of financial monitoring. The regulator also decided that the person responsible for financial monitoring does not comply with the requirements of the law.
A Kyiv-based TAScombank (formerly Business Standard Bank) has been operating on the Ukrainian market since 1989. Its owner, Sergiy Tigipko, held senior positions during Viktor Yanukovych's presidency. Among them were the posts of deputy prime minister and minister of social policy in Mykola Azarov's government. He also served as central bank governor in 2003-2004.