The MEGABANK JSC will increase the authorized capital by UAH 215 million. Participants of an Extraordinary General Meeting of the Shareholders of the Bank held on 18 December made a unanimous decision to increase a size of the authorized capital of the MEGABANK JSC to UAH 835 million.

The main issue of the agenda of the meeting of the shareholders of the MEGABANK JSC was related to additional issue of shares and increasing the Bank’s authorized capital by the shareholders by UAH 215 million. This decision was supported and unanimously approved by all the shareholders.

Indeed, taking into account the high level of trust among the Bank’s shareholders, the agenda of the meeting included an issue on disuse of the pre-emptive right by the shareholders during the issue of shares. The voting on this issue was unanimously supported by the shareholders. This will give an opportunity to speed up the process of issue and strengthen the position of the MEGABANK JSC in the financial market.

We remined you that MEGABANK has already been working in Ukraine for 28 years. The Bank serves about 600 thousand of clients in 168 branches. Among the Bank’s shareholders are foreign development financial organizations, such as European Bank for Reconstruction and Development, the German State Bank KfW, and the International Finance Corporation.