PrivatBank Is to Increase It's Share Capital
OREANDA-NEWS. On April 26th, 2013 at General Meeting Shareholders of PJSC CB "PRIVATBANK" intend to approve an increase in the share capital by capitalizing the net profit (certain part) of the bank for 2012. This question was entered on the agenda stated in the meeting notification of the Bank.
According to the Press service of the bank, it is supposed that shareholders will capitalize up to 95% of the PrivatBank’s last year profit. The share capital will be increased through rising of the nominal value of shares with that ensuring the present distribution of them among the major shareholders of the bank.
It should be reminded that following the results of 2012 the net profit of PrivatBank for that year was the record one in the history of Ukrainian banking system and amounted to UAH1.533 billion. There were no significant changes in distribution of the shares among the shareholders.
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