Russian-affiliated companies increased their share to 19 percent of Ukraine’s banking-sector assets after ABH Holdings acquired Ukrsotsbank, the nation’s seventh biggest bank with $1.7 billion in assets as of Oct. 1.

Owned by Alfa Group, Russia’s largest privately held investment group, Luxembourg-based ABHH announced late on Jan. 11 that it swapped shares with Italy’s UniCredit for the ownership transfer in the unprofitable bank.