PrivatBank has increased its share capital to UAH 19.1 billion
Shareholders of the largest Ukrainian bank PrivatBank approved the new Articles of PJSC CB "PRIVATBANK" at the extraordinary general meeting held on 10th February 2015. The Articles were amended due to the bank’s share capital increase to UAH 19,100,The decision to increase the bank’s share capital was approved at the general meeting of PrivatBank’s shareholders on 24th November 2014. The PJSC CB PRIVATBANK shares were issued through their private distribution among existing shareholders as of November 24th, 2014. In particular additional 3,571,500 ordinary registered shares were allocated with the current nominal value of UAH 280 per share.
PrivatBank is the largest Ukrainian bank and the leader in the retail banking market with 14.6 million individual and 334 thousand corporate customers. PrivatBank’s regional network comprises 2,497 branches, 7,537 ATMs and 12,165 self-service kiosks. At the year-end of 2014 the bank’s assets were UAH 204.6 billion. PrivatBank’s loan portfolio increased in 2014 by 13.2% up to UAH 161.3 billion. Since the beginning of 2014 the total sum of customer accounts has increased by 6% (up to UAH 141.3 billion). PrivatBank closed 2014 with a net profit of UAH 749 million.
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