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Cabinet initiates charter fund increases at Ukreximbank, Oshchadbank

Cabinet initiates charter fund increases at Ukreximbank, Oshchadbank

3 April 2009

The Cabinet of Ministers has decided to increase the charter funds of Ukreximbank by UAH 650 mln (+9.6%) to UAH 7,413 mln and Oshchadbank by UAH 300 mln (+2.2%) to UAH 14,192 mln, NBU First Deputy Head Anatoliy Shapovalov said yesterday. Shapovalov said the relevant documents were just forwarded to the NBU yesterday and will require its approval before taking place.

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