Bank Finance and Credit Increases Its Authorized Capital
OREANDA-NEWS. The shareholders of Bank “Finance and Credit” have completed their investment of UAH 500 million into the Bank's authorised capital following the resolution passed at the meeting of the shareholders on October 22, 2013. Thus, the Bank's authorised capital has been increased by 21.7% and now amounts to UAH 2.8 billion.
Volodymyr Khlyvniuk, Chairman of the Board, is quoted as saying, 'Not only will this considerable increase of the Bank's capital enable us to provide high quality service to our large corporate customers, but it will also drive the Bank's solvency level up and enhance its economic indicators in accordance with the NBU requirements. In particular, this will bring the regulatory capital adequacy ratio (H2) up to the level of 12%, with the standard ration of 10%.
As of 11.02.2014 the main shareholders of Bank “Finance and Credit” are Askania LLC (45,92%), PJSC F&C Realty (41,58%), Kyivmedpreparat Ukraine (4,96%), Industrial Construction LTD (6,79%).
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