Platinum Bank (Kyiv) says it has not had any mergers and acquisitions or transfer of assets with other financial institutions in the rest 12 months. Ukrainian News Agency learned this from a bank’s statement. The bank says it is operating as normal under the previously approved business strategy and fulfills all its obligations to the clients. As Ukrainian News Agency earlier reported, businessman Viktor Polischuk states that he sold Mykhailivskyi Bank to the owner of Platinum Bank, Borys Kaufman, the day before Mykhailivskyi Bank was taken into provisional administration. The official NBU communication of May 23 on the insolvency declaration of Mykhailivskyi Bank stated that as of May 23 the bank was 100% owned by Ekosipan LLC, 92.5% owned by Viktor Polischuk, 3.9% by Ihor Doroshenko and 3% by Viktor Yerasov. On May 23, Mykhailivskyi Bank published a release on its website, telling that the shareholder structure of Ekosipan LLC, the 100% owner of the bank, had changed on May 19 The owner of a qualifying shareholding Viktor Polischuk sold his 92.5% stake in the authorised capital of the bank to a group of investors, individual persons. After the acquisition, none of the investors received any qualifying shareholding in Mykhailivskyi Bank.