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Finance 28/01/2008 Ukrprombank may buy bank in Uzbekistan

"The bank plans to move into the markets of CIS [Commonwealth of Independent States] countries because it has shareholders that are doing business in those countries. Besides, banking is quite a promising business from the point of view of possible sale," Oleksandr Soltus told Interfax.

The principal stakeholders of Ukrprombank, which was set up in 1989, are the ABC company, which owns 34% interest in the bank, the Naftoviy bank (34%), and the Ukrpromservis company (32%).

In terms of assets as of mid-2007, Ukrprombank was 72nd on the Interfax 1000 list of the biggest banks in the CIS prepared by the Interfax Center for Economic Analysis (Interfax-CEA) and 15th in Ukraine.
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