Shareholders of Privat Bank in Ukraine will meet to plan an effort to increase capital, the bank said Friday.
A meeting of its shareholders will take place Nov. 24 in Dnepropetrovsk. The supervisory board of the bank authorized the meeting that will involve the discussion of how to increase the bank's capital pool, the press service of the bank said. The plan would involve the moving private shares into existing pools of shares at a nominal value and further contributions from shareholders themselves.
With 14.6 million individual and 334,000 corporate clients, Privat Bank is one of the largest retail banking institutions in the country. The bank's assets stood at 201,232 million hryvnia (UAH) as of Nov. 1 in regulatory capital. The bank also reported a net profit for the first three financial quarters of 426,957,000 UAH among its 2511 branches, 7,570 ATMs and 12,993 self-service terminals.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme