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Hungary's OTP Looking To Acquire UkrSibbank Bank.

Hungary's OTP Looking To Acquire UkrSibbank Bank.

15 November 2008

Hungary’s largest bank, OTP Bank, submitted a binding bid for a majority stake in Ukraine’s fifth largest bank, UkrSibbank.  OTP said gaining control of UkrSibbank was part of the company’s plans to become one of the largest banks in Eastern Europe.

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