BANK SICH RAISES CHARTER CAPITAL TO UAH 200 MLN

Business news from the Ukrainian League of Industrialists and Entrepreneurs

BANK SICH RAISES CHARTER CAPITAL TO UAH 200 MLN

17 Jul , 2017  

KYIV. July 17 (Interfax-Ukraine) – PJSC Bank Sich (Kyiv) has increased its charter capital by UAH 71.69 million, or by 55.8%, to UAH 200.09 million by an additional issue of shares, the bank said on its website.
“The NBU agreed changes in the charter of PJSC Bank Sich, by which the bank’s capital was increased to UAH 200 million. The regulator’s capitalization requirements have been fulfilled by the bank in full,” the report says.
As reported, the bank will use the funds attracted from share placement to ensure its operating activities.
Bank Sich was founded in 2011. The largest shareholders of the bank by early January 2017 were Valeriy Razdorozhny (48.33%), Oleh Balanda (36.6667%), Andriy Melnyk (9.17%), and Oleh Hubanov (5.83%).