16:07 25.02.2015

Competition agency permits individual to buy over 50% of Ukrinbank shares

1 min read
Competition agency permits individual to buy over 50% of Ukrinbank shares

The Antimonopoly Committee of Ukraine has permitted a currently unknown Ukrainian citizen to acquire over 50% of the shares in public joint-stock company Ukrinbank (Kyiv), reads a committee report issued on Wednesday.

NBU said that as of early 2015 the largest shareholder in the bank was Volodymyr Klymenko with 24.9276%, while the rest of the 75.0724% of shares belonged to 8,606 shareholders.

Early this year the bank increased its charter capital by 24.7% or UAH 100 million, to UAH 505 million via an additional issue of shares.

Ukrinbank was founded in 1989. The largest shareholder on January 1, 2015 was Klymenko (24.9276%).

Ukrinbank ranked 31st among 158 Ukrainian banks on January 1, 2015 in terms of total assets worth UAH 7.049 billion, according to the National Bank of Ukraine.

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