KYIV. April 27 (Interfax-Ukraine) – The shareholders of Citibank (Kyiv) have decided to increase charter capital by 80.5%, or by UAH 53.5 million, to UAH 120 million.
According to the bank’s website, the decision was made at a general meeting of shareholders on April 15.
The bank plans to increase charter capital by increasing the nominal value of shares from UAH 5,000 to UAH 9,023.
The increase in the bank’s charter capital will be held at expense of part of its retained profit for 2014.
Citibank was founded in 1998 and is a subsidiary of U.S. Citibank NA. The largest shareholders of the financial institution on January 1, 2016 were Citibank Overseas Investment Corporation (67%) and Citicorp Leasing International LLC (33%).
