Thursday 4 July 2013

The government increased the share capital by 1.4 billion Savings | Newspaper "The Day"

"The Cabinet decided to increase the authorized capital of the State Savings Bank at 1.399 billion USD - up to 17.229 billion USD, according to the Cabinet decision number 469 of July 3, 2013.

"Increase the authorized capital of JSC" State Savings Bank of Ukraine "in the amount of 1,399,944,000 USD by issuing new shares of par value of the existing preserve publicly owned 100% of the shares", - stated in the document.

Ministry of Finance, in accordance with the regulations is to issue government bonds to $ 1.4 billion with a maturity of seven years and an interest rate of revenue at 9.5% per annum.

Earlier, the Cabinet approved a decree according to which the share capital of JSC "Sberbank" has been increased to 291,732,000 USD."

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