OREANDA-NEWS. On April 14, 2008 2008 ZAO FUIB (First Ukrainian International Bank) held the general meeting of shareholders, reported the press-centre of SCM.

The shareholders approved financial statements of FUIB for the year 2007 and the external auditor’s opinion (E&Y) and made the decision on the distribution of bank profits for 2007.

Last year the profits of the First Ukrainian International Bank amounted to UAH36,108 million.

The profits will be distributed in the following way: UAH1,805 million (5%) to be directed to the FUIB Reserve Fund as required by the law of Ukraine “On banks and banking activity”, article 36 and UAH34,303 million to be left as retained profits.

According to the decision of shareholders the retained profit of ZAO FUIB as of January 01, 2007 (including the profit for the year 2006) in the amount UAH200,639 million shall be directed to the FUIB Reserve Fund.

Short profile of the company
First Ukrainian International Bank ranks among the biggest Ukrainian banks. It is a universal bank, particularly active in commercial, retail, and investment banking operations. The Bank was founded in 1991. The Bank shareholders are Limited Liability Company SCМ Finance (99,78% of the share capital) and individuals (0,22%). The Bank has 11 branches and 110 affiliates.