Ukraine Increased Authorized Capital of State Mortgage Institution
OREANDA-NEWS. January 18, 2011. In 2010, the Government two billion grivnas has increased the authorized capital of the mortgage institutions. The Prime Minister of Ukraine Mykola Azarov at a meeting to expedite the construction of social housing.
"In late 2010 we decided to increase the statutory fund of mortgage institutions. We are two billion increased its authorized capital. However, keep in mind that the previous Government owes SMI half a billion UAH. Povydavaly apartments in advance, and we have also now pay for these debts. But along with this about 500 million "living resource" in mortgages will ", - emphasized Mykola Azarov. He added that through the efforts of the Government could ensure the financial stability of the SMI and return public confidence in its work.
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