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Information for clients and partners due to merger of Ukrsotsbank and Alfa-Bank Ukraine


On September 10, 2019 the General Meeting of Shareholders of JSC "Alfa-Bank" and the sole shareholder of JSC "Ukrsotsbank" approved the resolution to reorganize JSC "Ukrsotsbank" through merger with JSC "Alfa-Bank".

We would like to draw your attention to the fact that when JSC "Ukrsotsbank" merges with JSC "Alfa-Bank", JSC "Alfa-Bank" will become the successor of assets, rights and obligations under contracts and agreements concluded by JSC "Ukrsotsbank" until merger with JSC "Alfa-Bank" in accordance with the provisions of the Law of Ukraine “On simplification of procedures for reorganization and capitalization of banks” and other legal acts. Thus, when JSC "Ukrsotsbank" merges with JSC "Alfa-Bank", JSC "Alfa-Bank" will become a party to the contracts and agreements concluded by JSC "Ukrsotsbank" until merger with JSC "Alfa-Bank".

October 15, 2019  is a panned date as of which JSC "Alfa-Bank" will become the successor of assets, rights and obligations of JSC "Ukrsotsbank" in accordance with the current legislation.

In view of the above information, we kindly ask you to pay attention to the expected changes in  contract documents, credit repayment details, correspondence details and details for execution of documents, etc.

If you have any questions, please contact your manager or call center: 0-800-50-00-20.


Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.

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Phone: 0 800 3000 90

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