Business news from Ukraine

AUSTRIAN INVESTMENT BANKER SEEKS TO BUY LARGE STAKE IN INVESTBANK

17 November , 2016  

KYIV. Nov 17 (Interfax-Ukraine) – Austrian investment banker Uwe Christian Eschner has said that he seeks to acquire a large stake in Investbank (Odesa).

According to a report in the information disclose system of the National Commission for Securities and the Stock Market, the banker intends to acquire 45.55 million of the shares with a face value of UAH 58.305 million. This is 65.7% of the charter capital as of October 1, 2016.

Investbank was founded in 1992.

According to the National Bank of Ukraine (NBU), as of June 7, 2016, its largest shareholders were Oleksandr Nezvinsky (directly 19.9649%, indirectly 24.0455% via Bab-invest LLC), Nika Teplits (indirectly 41.2577% % via Tesa LLC), Ihor Teplits (directly 5.7264%), Serhiy Yablonsky (indirectly 3.7529% via Agro-Invest Ukraine) and Tamara Nezvinska (directly 2.353%).

The bank ranked 76th among 100 operating banks as of October 1, 2016, in terms of total assets worth UAH 410.2 million, according to the NBU.