The joint-stock commercial bank (Prominvestbank) will augment its registered capital by 9.2 million hryvnias, according to the special information made available by the issuer, RBK-Ukraine (РБК-Україна) reports.
The decision was taken at the regular shareholders’ meeting. The capital increase will take place through additional private placement, i.e. subscription for shares at nominal value. The shares will be offered to the shareholders on the date of the decision on increase in share capital (04/23/2015). After placement, the authorized capital of the bank will grow by 72.8% - up to 21.833 billion hryvnias.
The report states that one of the purposes of allotment of shares, their additional issue, is to meet the requirement of the NBU regarding additional capitalization of banks in order to strengthen financial stability, to increase competitiveness.
