OREANDA-NEWS. On 17 August 2009 was announced, that the Cabinet of Ministers decided to increase Ukreximbank charter fund by UAH 650mn or 7% to UAH 10bn. According to the government the funds will be directed to the strengthening of the bank resource base. Recently bank's charter fund was raised by UAH 2bn in late June and July.

Millennium Capital considers that the funds from the charter fund increase will be directed to financing one of the government projects, like modernization of gas-transport system, since the liquidity of the bank is currently on a sufficient level.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of the major investment banking institutions.