Belarusian Priorbank Sold to UAE Investor. What to Expect for Clients
On Friday, September 20, Raiffeisen Bank International signed an agreement with an investor from the UAE.
It concerns the withdrawal of the banking group from the beneficial owners of the Belarusian Priorbank.
To put it simply, Raiffeisen Bank International sold its subsidiary in Belarus – now it has a new owner.
This was reported by the press service of Priorbank, noting that the deal is scheduled to close in the last quarter of this year.
The change of ownership will not in any way affect the activities of Priorbank and its interaction with clients and shareholders, the financial and credit institution assured.
As well as the fact that their accounts, deposits and loans remain safe and the services provided remain unchanged.
They also reported that bank employees continue to work with clients as usual, providing assistance and support as before, if necessary.
We remain as you know us – stable, reliable and focused on you and your needs,” the statement said.
And then the conviction is expressed that the change of ownership “will strengthen our position in the market.”
The press service emphasized that the interests of clients are a priority for the bank.
We remain a reliable partner for you and are ready to continue to provide first-class banking services and innovative services for your comfort, the financial and credit institution noted.
In turn, Raiffeisen Bank International reported that with the completion of this deal, the group will “successfully leave the Belarusian market.”
