Legal merger of KIT Finance and Absolut Bank takes place

Дата публикации: 21.04.2014 16:05 Обновлено: 21.04.2014 16:06
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Время прочтения: 17 секунд

KIT Finance and Absolut Bank have legally merged.

As the lending institution emphasized in a press release, KIT Finance clients are now served at Absolut Bank, which is a successor of all the bank’s rights and obligations.

The Federal Anti-Trust Service (FAS) greenlighted KIT Finance’s takeover by Absolut Bank last fall, while the official procedure was launched at the beginning of 2014. The merger’s final stage was reported to begin by April.


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