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19 November 2012

Smart Holding’s purchase of Forum Bank was a strategic investment

This opinion was expressed by the vice-president of the Union of Auditors of Ukraine Mykhaylo Krapivko, commenting on latest post 
about the purchase of 96.0635% of the shares of Forum Bank by the Ukrainian holding. 
According to him, Smart Holding acquired a large system bank with offices in almost all of Ukraine.

And this bank has operating management system with the European model. Of course, for Smart Holding - it is a strategic investment, said the expert.
Expert calls the appointment of Andriy Yatsura, formerChairman of the Board of Unex Bank, the Head of the Forum Board normal since 
the change of ownership in most cases leads to change of the management team.
«Bank changed the ownership, who legally changed the management to their ownpeople,» said Krapivko.


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