UniCredit the latest foreign bank to leave Ukraine

EPA

UniCredit the latest foreign bank to leave Ukraine


The Italian UniCredit became the latest foreign bank to announce it wanted to leave Ukraine. UniCredit hopes to wrap up the sale of its Ukrainian business early next year as Italy's biggest bank by assets presses ahead with a series of disposals, its CEO said.

In August UniCredit started three months of exclusive talks to sell Ukrsotsbank to ABH Holdings, part of Russia's Alfa Group.

"I confirm the exclusive talks with Alfa group ... we hope to close the deal at the start of next year," Fe...


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