Business news from Ukraine

BANK ALLIANCE TO INCREASE CHARTER CAPITAL BY 40%

12 November , 2019  

The shareholders of Bank Alliance (Kyiv) at an extraordinary general meeting on November 27 will consider the issue of increasing charter capital by 40.4%, or by UAH 105.12 million, to UAH 365.12 million by capitalizing part of profit, according to a bank report in the information disclosure system of the National Commission on Securities and the Stock Market.
According to the report, the increase is planned to be carried out by increasing the nominal value of shares from UAH 16.25 to UAH 22.82 by sending part of profit for 2018 to the bank’s charter capital.
According to the NBU, as of July 1, 2019 Bank Alliance ranked 31st among 76 banks operating in the country in terms of total assets (UAH 3.137 billion).

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