The National Bank published information on the updated ownership structure of ASVIO BANK PJSC. The new structure fully meets the transparency requirements.

Under a new ownership structure, Mr Roman V. Yaroshenko (a 24.8% stake in the Bank) and brothers Vyacheslav I.  Suprunenko and Oleksandr I.  Suprunenko, who jointly hold a 66% stake, are the qualifying shareholders.  The brothers Suprunenko received the approval by the National Bank of Ukraine to acquire a qualifying holding in the Bank in August 2015.

Thus, the controllers and all the entities that exert significant or decisive influence on the management or activities of the bank have been identified.

It should be noted that as of January 1, 2015, the Banks’s shares were dispersed among 407 legal entities and individuals and only Mr Roman V. Yaroshenko was the qualifying shareholder, holding a 14% stake in the authorized capital.

As a side note, ASVIO BANK PJSC is among the banks that are in the final stage of going through a formal procedure to identify the ownership structure.