Ukrainian Banks Catching IPO Fever.
23 May 2008
According to the CEO of Ukreximbank, Viktor Kapustin, the bank plans to hold an IPO in 2007. Ukreximbank plans to sell up to 24.9% of its shares to foreign investors. The state-owned Ukreximbank is Ukriane’s sixth largest in terms of assets. In related news Bank Forum (FORM), Ukriane’s 12th largest bank in asset terms, also plans to sell another 10% of its shares to foreign investors before the end of 2006.
