Comfortable bank
Eng

Contacts

Serhiy Zubro

Investor Relations Officer

+380 44 231 70 55
ir@fuib.com
Investor relations > Events > Recent Events > The Acquisition of Renaissance Capital Bank with FUIB as a Financial Adviser

The Acquisition of Renaissance Capital Bank with FUIB as a Financial Adviser

11 March 2011, Friday

On March 11, 2011, the transaction on purchasing 100% of Renaissance Capital Bank, a part of Renaissance Group, has been closed by SCM Group as the Purchaser and Renaissance Group as the Vendor. First Ukrainian International Bank (FUIB) has acted as a financial adviser to SCM Group delivering full range of advisory services supporting the transaction from its launch till closing.

The acquisition is one of the first cross-border transactions of FUIB in the M&A market, where the Bank acted as a financial advisor, and one of a few M&A transactions on the Ukrainian banking map within the post-crisis period.