The Kyiv office of Baker McKenzie acted as legal counsel to First Ukrainian International Bank (FUIB) in connection with the structuring, negotiation and entry into a conditional purchase agreement for the shares in Idea Bank (Ukraine) from its sole owner, Polish financial group Getin Holding. If completed, the deal will strengthen FUIB’s retail banking business line by the synergy from adding the existing Idea Bank consumer lending business and its digital platform.

Partner Viacheslav Yakymchuk and Counsel Andrii Moskalyk led the transaction team. The team also included Associates Hanna Smyrnova and Mariia Gorokh (Banking), Mykyta Stebliuk and Artem Sinelnikov (Corporate), Dmytro Skydan (Intellectual Property), Anna Stepanowa (Employment) and Andrii Levchenko (Real Estate).