The National Bank of Ukraine (NBU) has allowed Ukrainian businessman Sergiy Tigipko to buy a 99.9% stake in Russian Sberbank's Ukrainian subsidiary VS Bank, based in Lviv, according to the regulator's website.
TAScombank, owned by Ukrainian businessman Sergiy Tigipko, boosted its profit by 22.5 times in January-September 2017, to UAH 42.49 million, or US$1.6 million, according to the bank's website.