OREANDA-NEWS. January 09, 2007. Close joint-stock company “First Ukrainian International Bank” within the framework of implementation of the Bank Strategic Development Plan for 2006-2010 increases its authorised capital for the third time this year, reported the press-centre of SCM.

The decision to increase the Bank authorised capital was made at the General Shareholders’ Meeting held on December 19, 2007.

The Bank increases its authorised capital by UAH 1,010.068 million to UAH 2,522.842 million through the injection of additional monetary funds.

The increase will be carried out by means of the close (private) placement of 4 391,6 thousand of ordinary inscribed shares issued in book-entry form, with a nominal value of UAH 230,00 each, among the shareholders, the total nominal value of the additionally issued shares amounting to UAH 1,010.068 million.

The General Shareholders’ Meeting has also made the decision to increase the number of the members of the CJSC “FUIB” Supervisory Board since December 20, 2007 and introduce the JSC SCM Director General Oleg Popov and the JSC SCM Director of Business Development Ilya Arkhipov into the Supervisory Board.

Reference
CJSC “First Ukrainian International Bank” belongs to the group of the largest Ukrainian banks, it is a universal bank, especially active in commercial, retail and investment banking operations. The Bank was founded in 1991.

As of December 1, 2007 the Bank net assets amounted to UAH 12,6 billion, loan portfolio – UAH 8,0 billion, including loans to legal entities – UAH 2,2 billion, loans to individuals – UAH 1,9 billion. The Bank profit equaled UAH 52,0 million as of December 1, 2007.

The Bank shareholders are limited liability company “SCМ Finance” (99,78% of the share capital), private shareholders (0,22%). The Bank branch network comprises 11 branches and 95 sub-branches.