Megabank completes 75% charter fund increase

Interfax reported yesterday that the State Securities and Exchange Commission has registered a 75% charter fund increase at Megabank (MEGA). The bank’s charter fund was raised, via an additional share issue (subscription was carried out in March), to UAH 350 mln. Megabank is Ukraine’s #49 largest bank by assets as of January 1, 2009 according to the National Bank of Ukraine.