OREANDA-NEWS. December 15, 2008. On decision of shareholders of Intesa Sanpaolo, the authorized capital of PRAVEX-BANK was increased with UAH 500 m and as of December 8, 2008 amounts to UAH 991,499 m. The regulatory capital of the Bank amounted to UAH 1,369 bn., reported the press-centre of PRAVEX-BANK.

"This substantial increase of authorized capital confirms once again the absolute stability and reliability of PRAVEX-BANK and it is indisputable evidence and a weighty guarantee of our depositors' savings safety. Regulatory capital increase will allow further augmentation of portfolio of Bank's credit operations", — comments by Natalia Zubrytska, Chairwoman of Management Board of JSCB "PRAVEX-BANK".