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Avellum Advises MTB Bank and Bank Center on Merger

Avellum Advises MTB Bank and Bank Center on Merger

Ukraine
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Avellum has acted as legal counsel on the merger of PJSC MTB Bank and PJSC Commercial Bank Center.

The merger was conducted under a simplified procedure introduced by the Law of Ukraine On Simplifying Reorganization and Capitalization Procedures for Banks, which became effective on April 29, 2017. According to Avellum, the merger is the third transaction of this type in the Ukrainian banking sector since the law came into force.

MTB Bank provides a full range of banking operations with over 130 branches in big Ukrainian cities and renders services to over 11,000 companies and 200,000 individuals. As a result of the merger, MTB Bank became a legal successor of Bank Center. 

Avellum’s team was led by Co-Managing Partner Mykola Stetsenko, supported by Of counsel Yaroslav Medvediev, Senior Associate Andriy Romanchuk, and Associates Dmytro Tkachuk, Oleksandr Kulykovskyi, Anton Arkhypov, and Uliana Lutchyn.   

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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