Ukrainian VAB Bank to increase capital by 78%

Shareholders VAB Bank on September 9 has decided to increase its authorized capital by 78% - to 1.25 billion hryvnia ($ 1 - 7.9 hryvnia), wrote in a Wednesday newspaper Kommersant, citing the press service of the credit institution.

According to NBU, July 1, VAB Bank ranked 27 th in terms of assets (7.12 billion hryvnia) with his own capital 536.71 million As a result of recent additional issue of its major shareholders were TBIF Financail Services B. V. (Netherlands, 71.26%) and a Russian citizen Sergei Maksimov (11.23% directly and 16.08% through LLC Bauman Trade ").

As reported, late last year, the group Kardan, which owns TBIF, agreed with Sergey Maximov on redemption of its shares to bring its presence in the bank up to 98%.