OREANDA-NEWS. On 08 May 2009 was announced, that OTP Bank received the permission from the National Bank of Ukraine to include the subordinated loan in amount of USD 50 mln to Tier II capital. Thus, the Bank is among the first ones that completed the plan of capitalization, approved by the National Bank of Ukraine and International Monetary Fund. Its regulatory capital currently comprises UAH 4,5 bln.

For reminding, this loan was provided by parental company of the Bank - Hungarian OTP Bank Nyrt. – for 7 years. Besides, at the beginning of April this year the shareholders of CJSC OTP Bank took decision about the additional increase of the Bank’s charter capital by UAH 800 mln - to UAH 2,8 bln.

According to the Chairman of the Board Mr. Zinkov, high indicators of OTP Bank’s capitalization allow us to affirm with confidence, that today our financial institute is able to resist effectivly any cataclysm on European and domestic markets. "The Bank formed essential “liquidity buffer” both in UAH and also in foreign currencies: it comprises at least UAH 1 bln and USD 100 mln.  These funds are always at the Bank’s disposal. The fact, that shareholders of the Bank continue to invest funds in its capital, certificates about the stability and reliability of paternal company, its subsidiary and of the Group in general", underlines Mr. Zinkov.