Business news from Ukraine

Business news from Ukraine

ALTBANK TO RAISE CHARTER CAPITAL BY 32%

Altbank (Kyiv) shareholders plan to increase charter capital by 32.2%, or UAH 73.2 million, to UAH 301 million due to additional contributions.
According to the bank report on Thursday, April 16, these issues are on the agenda of the general meeting of shareholders scheduled for May 19.
The increase of charter capital is planned by outstanding an additional 366 million shares of the existing par value due to supplementary contributions. Participants in share outstanding can only be the current shareholders of the bank, the bank said in the statement.
Thus, the total number of shares will be 1.5 billion units with a par value of UAH 0.2.
Currently, Altbank’s main shareholders are Serhiy Artiukh (24.592346%), Andriy Dehoda (24.592346%), Leonid Stolnikov (24.592346%), Ihor Volokh (20.070967%) and Oleh Shuptar (6.151992%).
According to the National Bank of Ukraine (NBU), on January 1, 2020 Altbank ranked 52nd in terms of total assets (UAH 1.364 billion) among 75 banks operating in the country.