Kievinvestbank’s shareholders confirm the decision to merge with Alfa Capital Ukraine

Kievinvestbank’s general shareholders meeting, which took place in Kiev on October 27, also confirmed the decision to rename the bank to Alfa-Bank.

Alfa-Bank’s (Ukraine) task is to establish tight relations with private and government sectors in order to attract large and small corporate clients, whom Alfa-Bank will provide with a full spectrum of banking services.

An increase of the bank’s charter capital by emitting shares will allow Alfa-Bank (Ukraine) to become one of the country’s ten largest financial institutions. The bank plans to open about 20 branches on the territory of the Ukraine.