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Ukrainian businessman, the owner and president of Development Construction Holding (DCH), Oleksandr Yaroslavsky after receiving the results of consideration of his application to buy Ukrainian Prominvestbank (Kyiv) by Russia’s Vnesheconombank (VEB) intends to submit an application to the National Bank of Ukraine (NBU) to get the approval of the acquisition of the bank, DCH said in a press release on May 19.

“Yesterday, on May 18, 2017, the supervisory board of Vnesheconombank discussed the proposal of Yaroslavsky to buy Prominvestbank, the subsidiary bank of VEB in Ukraine,” the press service of DCH said.

Russia’s Kommersant publication reported on May 19 that Yaroslavsky is among potential buyers of the bank. The businessman made his proposal to VEB at the end of last week. On May 18, the supervisory board of VEB was informed on the potential buyers. Russian Prime Minister Dmitri Medvedev held the meeting of the bank’s supervisory board.

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