KIT Finance and Absolut Bank have legally merged.
As the lending institution emphasized in a press release, KIT Finance clients are now served at Absolut Bank, which is a successor of all the banks rights and obligations.
The Federal Anti-Trust Service (FAS) greenlighted KIT Finances takeover by Absolut Bank last fall, while the official procedure was launched at the beginning of 2014. The mergers final stage was reported to begin by April.