International Investment Bank (IIB, Kyiv) is boosting its charter capital by UAH 25.3 million or 18.6%, to UAH 161.626 million via sending a part of profit to the charter capital.

The bank said on its website that the decision was made by its shareholders at a general meeting on April 12.

According to the National Bank of Ukraine (NBU), as of January 1, 2016, the main shareholder in the bank is Ukrainian President Petro Poroshenko who totally holds 60% of shares in the bank.

Poroshenko's business partners, First Deputy Head of Petro Poroshenko Bloc Ihor Kononenko (14.94%), First Deputy Head of the National Security and Defense Council of Ukraine Oleh Hladkovsky (9.9008%) and Head of Dnipropetrovsk Energoavtomatyka plant Oleh Zimin (9.9008%) also hold shares in the financial institution.

Poroshenko has hired Rothschild investment company in consortium with Investment Capital Ukraine group to assist in the sales of his assets. However, due to the lack of potential buyers on January 14, 2016, the president said he signed contract under which he transferred his stake in Roshen Corporation to an independent 'blind trust'.

He said that International Investment Bank will be transferred to the 'blind trust'.

International Investment Bank was founded in 2008. The bank ranked 31st among 123 operating banks as of October 1, 2015, in terms of total assets worth UAH 4.74 billion, according to the NBU.