On Wednesday, during its session, the government of Ukraine decided to increase capital of Oshchaband and Ukreximbank (both - Kyiv) respectively by UAH 3.5 billion and UAH 3 billion through issuing government bonds and exchanging them for the new issue of shares, Interfax-Ukraine reports.
«We received such proposals from the National Bank. Yesterday, we conducted the meeting of the Expert Analytical Board (regarding the participation of the state in the authorized capital of banks), which gave corresponding recommendations about the amount of capital increase», Minister of Finance Alexander Danyliuk presented this question.
He specified that the necessity of capital increase is based on the results of stress testing of state banks for 2015, conducted by the National Bank.
