Ukrsotsbank Increases Its Capital by 66% in Follow Up of 2007
OREANDA-NEWS. January 10, 2007. Ukrsotsbank increased its capital by 66% in follow up of 2007. It made UAH 3,3 billion as of 1.01.2008, reported the press-centre of Ukrsotsbank.
"Dynamic growth of capital allows the bank to grow more actively, without taking into account regulatory restrictions — Ukrsotsbank Chairman, Borys Tymonkin says. – They like to talk about the need to improve the statutory funds.
But they forget that the statutory fund it is in fact a gift of shareholders. I am very proud that our bank so seriously increased its capital, because it worked effectively, and not just received money as a gift".
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