28 january 2010Ukreximbank increases its authorized share capitalAccording to the Resolution by the Cabinet of Ministers of Ukraine of 12.08.2009 No866, authorized issued share capital of the JSC Ukreximbank was increased by UAH 650.0 million to total UAH 10,003.5 million.
Related changes to the Statute have been duly registered on December 17, 2009 and the issue of shares has been certified by the State Commission on Securities and Stock Market on January 19, 2010.
During year 2009, Ukreximbank, acting as the Government agent and the real economy financier, continued to receive strong support from its sole shareholder, the Government of Ukraine.
In 2009, the Government made five injections into Ukreximbank authorized capital, including capitalisation of Y2008 profits, total worth UAH 6,940.9 million. As a result, total shareholder's equity in FY2009 grew 226.6%yoy.
These equity injections keep Ukrexim among the best capitalized banks in Ukraine with comfortable capital adequacy ratio of 34.5%, according to the Ukrainian Accounting Standards, far above the regulatory requirements.
The state owns 100% shares of the JSC Ukreximbank, being the Bank’s sole founder and shareholder.
***
For any additional information you are welcome to contact:
Ms. Vera Posadska, Head of Macro Analysis and Investor Relations Department
E-mail: vposadska@hq.eximb.com
Tel: +38 044 247 38 76
Fax: +38 044 247 80 82
Print version