Sberbank new owner to change bank’s name

The buyer will change the brand of Ukrainian subsidiary of Russian Sberbank after transaction is completed
14:41, 29 March 2017


Russian businessman Grigory Guselnikov announced on air of Echo of Moscow he would change the name of the bank to Novik Banka where he is the principal shareholder, after the transaction is completed.

“It (the bank) will be renamed. Apparently, it will be named Norvik Bankа because it will become a subsidiary of the European Norvik Bankа bank,” Guselnikov said.

Related: National Bank of Ukraine has not yet received Ukrainian Sberbank purchase notice

The change of brand and image will be in favor of both: the buyer and the seller, according to him.

Grigory Guselnikov will get 45% through Norvik Banka and the owner of Belarusian company will get 55%.

Earlier it was reported that Russian Sberbank sells its subsidiary in Ukraine. Sberbank believes that selling the bank would help to unblock its offices and restore their normal operation.

Related: Central office of Sberbank unblocked in Kyiv

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