Банки

On Tuesday, the press service of Rodovid Bank [RODB UZ, U/R] announced that the ISTIL Group is going to acquire a 39% stake in the bank in March.

As announced by EBRD President Tomas Mirow, the EBRD plans to provide EUR 500 mln towards the recapitalization of Ukrainian banks.

The Unicredit Group intends to increase the statutory fund of Ukrsotsbank [USCB UZ, U/R] by UAH 0.5 bln to UAH 1.57 bln, according to USCB Chairman of the Board Borys Tymonkyn.

Raiffeisen Bank Aval [BAVL UZ, U/R], ranked second in Ukraine by assets, has redeemed a USD 250 mln of an overall USD 500 mln syndicated loan. The loan was attracted in April 2007 for a period of two years at LIBOR +1.2%. The participants in this loan consisted of 42 banks.

According to the bank’s statement, Ukrsibbank, which is ranked fourth in Ukraine by assets, decided to raise its statutory fund by UAH 1.275 bln to UAH 5.280 bln, through an additional share issue of 25.5 bln shares with a par value of 0.05 each. The subscription is scheduled for April 9-27, 2009.

The National Bank of Ukraine (NBU) has taken Nadra Bank, ranked 9th in Ukraine by assets, under temporary administration.

The National Bank of Ukraine (NBU) has stated that it is prepared to withdraw Prominvestbank from its provisional administration in the near future.

The National Bank of Ukraine (NBU) has announced that it will allow commercial banks to provide the restructuring of loans attracted by individuals, taking into account the financial state of the borrowers, and to raise the category by one level for restructured loan transactions with those borrowers who are able to confirm their ability to repay their loans and are registered as good.

The share of bad loans in the overall amount of loans provided by Ukrainian banks in 2008 climbed by 0.96 percentage points, to 2.27% by January 1, 2009.

Nadra Bank is set to increase its statutory capital by UAH 1,400 million to UAH 1,790,362,660 or by 358% via additional issue of shares, reads the bank's statement.