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AMT Active Metal Trading gets permission to buy Prominvestbank

AMT Active Metal Trading gets permission to buy Prominvestbank

24 November 2008

Ukraine’s Antimonopoly Committee gave its approval for AMT Active Metal Trading (Cyprus) to acquire troubled Prominvestbank. On Oct. 7, the National Bank of Ukraine instituted an acting administration at the bank, and politicians had recently been speculating in the press about nationalizing the bank in order to ensure its stability.

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