Credit Dnepr Bank registered a prospectus for the issue of shares in the amount of 1.199 billion in the National Commission on Securities and Stock Market

28 August 2017

Credit Dnepr Bank has registered a prospectus of ordinary registered shares for the total amount of UAH 1.199 billion at the National Commission on Securities and Stock Market. The state registration of changes to the statute of the financial institution and the corresponding increase of the authorized capital by 78.8% - up to 2.72 billion UAH - will be completed in the fall of 2017.

"Credit Dnepr Bank traditionally confirms its stable positions in the market, fully fulfilling its obligations to clients, partners and regulators. We are moving in strict accordance with the individual capitalization plan agreed with the National Bank, "said Sergey Volkov, Deputy Chairman of the Bank's Credit Dnepr Management Board. "Such a serious support of the shareholder, which testifies to his firm intentions to develop banking business, the new strategy for the development of the financial institution, which we are implementing and which in a year began to give positive results, makes Credit Dnepr one of the most reliable players of the sector."

Recall that in June 2017 the only shareholder decided to increase the authorized capital of the Bank Credit Dnepr. Capitalization will be carried out by private placement of additional shares of the existing nominal value.


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