Rodovid Bank Plans 10% Private Placement In 2006.

Rodovid Bank, Ukraine’s bank #28 in asset terms, plans to place up to 10% of the bank among private foreign investors in 2006. According to the bank’s CEO, Denis Gorbunenko, the management is also considering conducting the placement through an ADR (American Depositary Receipts) program. At the same time the bank does not plan to attract a strategic investor in the near future.