Business news from Ukraine

Business news from Ukraine

BANK TRUST-CAPITAL TO INCREASE CHARTER CAPITAL BY 67%

6 July , 2016  

KYIV. July 6 (Interfax-Ukraine) – Bank Trust-Capital (Kyiv) intends to increase charter capital by UAH 80 million, or 66.7%, to UAH 200 million, according to a press release from the financial institution.

According to the report, the issue of increasing charter capital through additional share issue will be considered at a general meeting of shareholders scheduled for August 8, 2016.

The decision was made in connection with the development and expansion of the bank’s activities.

The charter capital of the bank currently stands at UAH 120 million.

PJSC Trust-Capital was founded in 2004.

As reported, in September 2015 the sole shareholder of the bank was Iryna Kravchenko, increasing her stake to 99.9862% from 24.9942%.

SLV Enterprises Ukraine, which owned 49.995% in the financial institution, and Dapex Trading Ukraine, which held 24.997%, sold their shares.

Bank Trust-Capital ranked 87th among 109 Ukrainian banks on April 1, 2016 by total assets (UAH 344.979 million), according to the National Bank of Ukraine.