Meeting of PrivatBank shareholders fails, next scheduled for June 24

18:59, 05.05.2016 1 min read

Ukraine's largest bank PrivatBank (Dnipropetrovsk) has failed to hold a meeting of shareholders on April 29 due to a lack of quorum.

The press service of the financial institution, the next meeting is scheduled for June 24 with the same agenda.

According to the agenda of the shareholders' meeting, scheduled for April 29, according to preliminary unaudited data, PrivatBank in 2015 saw a net profit of UAH 230 million, which is 4.8 times higher than in 2014 (UAH 48 million).

The bank's net worth in 2015 increased by 12.9%, to UAH 27.656 billion, charter capital by 17.4%, to UAH 21.257 billion.

The number of employees in the past year decreased by 2,983 people, to 20,936.

According to the agenda, the shareholders planned to consider using part of profit for the previous years to increase charter capital.