There was the sale of shares (whole package - 66.65%) of Kredyt Bank SA (Warsaw) in Warsaw, in favor of the most powerful Polish bank PKO Bank Polski SA.
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The public joint-stock company KREDOBANK, the successor of JSC Kredyt Bank (Ukraine) and JSC West-Ukrainian Commercial Bank (ZUKB), was established in Lviv and was registered as a limited liability company in the State Bank of the former USSR on May 14, 1990 (registration number 289) and re-registered with the National Bank of Ukraine on October 14, 1991 (registration number 24).