Bono Legal antitrust & competition team has successfully represented Iute Group, a European digital-first banking group, before the Antimonopoly Committee of Ukraine in its acquisition of a bridge bank established in the process of RwS Bank market withdrawal.
This landmark transaction marks Iute Group’s strategic entry into the Ukrainian financial market and a new chapter for the Ukrainian fintech landscape. Navigating the regulatory uncertainty for such unique transactions, involving acquisition of a bridge bank, seen only once a decade in Ukraine, demands exceptional precision and responsibility.