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On 11 January 2016 UniCredit Group sold Ukrsotsbank to ABH Holdings, a subsidiary of Alfa Group. In exchange, UniCredit acquired 9.9% stake of ABH Holdings. In October 2019 Ukrsotsbank was fully merged with Alfa-Bank (Ukraine), who became the "full successor of all rights and obligations of Ukrsotsbank with respect to its clients, partners and counterparties."
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