OREANDA-NEWS. September 21, 2009. The General Meeting of Shareholders of Public stock company "Joint Stock Commercial Industrial & Investment Bank" was held.

Shareholders of the bank took decision to increase the authorized capital by way of additional issue of registered shares to provide financial recovery of Prominvestbank, to protect the interests of the depositors and other creditors of the bank. The funds from additional issue will arrive before the end of September and the authorized capital of the bank will grow by UAH 4.0 billion; therefore the authorized capital will make UAH 5.3 billion that is 26.5 times more that at the beginning of 2009.

The significant growth of the authorized capital is one of the main conditions for the investors provided by the Financial Recovery Plan of Prominvestbank. In addition, the National Bank of Ukraine requires the adequate level of capitalization. This will enable to grant credits for the real sector of national economy, according to the requirements of the market and to strengthen the confidence of all customers and shareholders in Prominvestbank's stability and solvency.