Sense Bank JSC signs agreement to engage N. M. Rothschild & Sons Limited as financial advisor in preparation for privatisation
On 20 October 2026, Sense Bank JSC, the Ministry of Finance of Ukraine and N. M. Rothschild & Sons Limited entered into a tripartite agreement for the provision of financial advisory services in preparation for the upcoming sale of the bank.
N. M. Rothschild & Sons Limited was selected following a competitive tender conducted by the Ministry of Finance of Ukraine in August 2026.
Under the terms of the agreement, N. M. Rothschild & Sons Limited will conduct a due diligence review of Sense Bank JSC's performance, including to determine the starting sale price, identify potential investors, prepare the information package on the bank to be provided to them, and assist in organising the competitive sale of the bank's shareholding.
The engagement of a financial advisor is one of the key stages of privatisation preparation set out in the Law of Ukraine "On the Specifics of the Sale of State-Owned Shareholdings in the Authorised Capital of Banks".
Sense Bank JSC will announce further steps in its privatisation preparation on its official website.
Meanwhile, Sense Bank JSC continues to operate as usual, meeting its obligations to clients and ensuring the uninterrupted provision of banking services.