Bank Credit Dnepr (Kyiv) has increased its charter capital by UAH 1.199 billion, or 78.8%, to UAH 2.72 billion through an additional share issue.
According to a press release of the financial institution, on August 15 the bank registered the new wording of the charter in connection with the increase of the charter capital.
Capitalization was carried out by a private placement of additionally issued shares.
Bank Credit Dnepr was founded in 1993. Its sole shareholder is Brancroft Enterprises Limited, which indirectly belongs to Victor Pinchuk.
The bank ranked 21st among 84 operating banks in the country as of June 1, 2018 in terms of total assets (UAH 9.439 billion), according to the National Bank of Ukraine.
