Business news from Ukraine


21 July , 2015  

KYIV. July 21 (Interfax-Ukraine) – Bank Trust (Kyiv) will increase its charter capital by UAH 51 million, or 73.91%, to UAH 120 million, by issuing additional shares.

According to a bank report in the information disclosure system of the National Commission on Securities and the Stock Market, its shareholders at a general meeting on July 14 decided to increase the charter capital.

The bank will conduct a private placement of additionally issued shares with a par value of UAH 1.

As reported, in July of this year the National Bank of Ukraine (NBU) allowed the co-owner of Ukraine’s large confectionery company AVK, Volodymyr Avramenko, to acquire 100% in Bank Trust.

According to information on the NBU website, as of March 8 the owners of Bank Trust were three citizens of Russia: Ilya Yurov – 44%, Nikolai Fetisov and Sergei Belyaev – 28% each.

Bank Trust was registered in 2007.

Bank Trust ranked 81st among 133 banks operating in the country on April 1, 2015 by total assets (UAH 849.8 million), according to the NBU.