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Bank of Regional Development Announces Private Placement Plans

Bank of Regional Development Announces Private Placement Plans

17 May 2008

The President of the Bank of Regional Development, Iryna Yatsenko, announced the intentions to conduct a private placement of 25% of its share capital. Yatsenko did not exclude the possibility of the placement of as large as a 50% stake or more, depending on investor interest. The Bank of Regional Development is Ukraine’s 68th largest bank by assets.

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