General Shareholders Meeting has declared a decision to increase the Statutory Capital of OTP Bank

 

On May 17-th, 2008 on General Shareholders Meeting has declared a decision to increase the amount of OTP Bank’s Statutory Capital and to issue shares of the bank.

Minimum size of increasing capital is UAH 1 561 455 434, 88 (one billion five hundred sixty one million four hundred fifty five thousand four hundred and thirty four hryvnyas 88 kop). Increase of the Statutory Capital of CJSC OTP Bank will be realized by making additional investment by sole Bank’s shareholder - OTP Bank Plc. - by additional issue of shares of the existing nominal value.

The amount of shares in additional issue - 126 016 (one hundred twenty six thousand sixteen) registered shares of the existing nominal value of UAH 12 390, 93 (twelve thousand three hundred ninety hryvnyas and 93 kop) per share. Thus, the Statutory Capital of OTP Bank after its increase comprises UAH 2 768 282 453, 16 (two billion seven hundred sixty eight million two hundred eighty two thousand four hundred and fifty three hryvnyas 16 kop).

OTP Bank – is an universal bank which granting full range of financial services for private individuals and corporate clients. On the Ukrainian market it has proof reputation of innovative structure which constantly growing business volumes and offers to its customers the highest quality products.

According to the Association of Ukrainian banks (AUB) as on April 01, 2008, OTP Bank is the 7-th largest bank in terms of assets and loan portfolio. Today the bank serves more than 230 clients. OTP Bank’s network comprises 24 branches, 107 outlets and 37 representative offices all over Ukraine.

Published: 19.05.2008