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16.10.2018 | 16:54

Tihipko is ready to buy another bank

TAS Group is ready to continue buying banks

TAS Group is ready to continue buying banks. 

It was reported by founder and major shareholder of TAS Group during the VII Ukrainian Banking Forum.

"We will stay up in the debt market. We've bought a lot and are going to continue. VS Bank, which we've bought, is to be in our balance (TAScombank) tomorrow (October 12). We will merge TAS and VS... We are ready to buy another bank and integrate it into TAScombank if necessary. With regards to another bank, Universal Bank, we are to stay in the market," he said.

At that, Tihipko noted the banking group wouldn't reduce number of branches. 

"We will augment technologies. On no account we will close branches. We monitor all sales channels. The most efficient sales channel is branches today," he specified. 

At that, the businessman outlined that internet banking TAS 24 Business will compete with Privat24. 

"We launched TAS 24 Business and will soon become a competitor of PrivatBank in terms of online banking for the smallest business. The team which moved to us from ProvatBank showed good results and we are openning the number of accounts monthly as we did it within a year before," Tihipko said. 

Serhiy Tihipko is the owner of TAS, financial and industrial group. 
TAScombank and TAS insurance group represent the Group in the financial market. 
In December 2016, Tihipko bought Universal Bank and Aegon Life Ukraine, insurance company.
Over 2017, TAScombank bought part of assets and liabilities of insolvent Diamantbank, Novyi Bank and VS Bank. 

References in the article: serhiy tihipko, banks, banks purchase
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