Business news from Ukraine

PROCREDIT BANK COMPLETES INCREASE IN CHARTER CAPITAL BY 10%

7 October , 2020  

ProCredit Bank (Kyi) has completed an increase in the charter capital by 10.4%, or by UAH 147.76 million, to UAH 1.57 billion by attracting additional contributions through placing 310,000 ordinary registered shares of the existing par value, the bank said in the information disclosure system of the National Securities and Stock Market Commission.
The bank recalled that the decision to increase the charter capital was made by the shareholder on August 30, 2019.
ProCredit Bank was founded in 2001. Its only shareholder at the beginning of 2020 was ProCredit Holding (Germany).
According to the National Bank of Ukraine, as of September 1, 2020 in terms of total assets (UAH 27.274 billion) ProCredit Bank ranked 16th among 75 banks operating in the country.

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