Finance and Credit Bank intends to increase the authorised capital

press-release 

    In line with  the accepted Stabilization program on the Shareholders' meeting03.08.2009,  the Bank "Finances and Credit" intends to increase its authorized capital on a step-by-step basis. This information was published in the newspaper «Uryadoviy Kurier» today.
     Extraordinary Shareholders' meeting will take place on September, 2, 2009  where the increase of authorized capital by means of increasing the amount of shares at par through additional payments as well as their further private placement will be considered.
    Shares placement will be completed in two stages: from the 12th till the 21st of October and from the 22nd till the 11th of December of 2009. The Bank plans to issue 800,000,000.00 of common nominal shares, totaling to UAH 400,000,000.00 thus the authorized capital of the Bank will be UAH 2.4 bln.

    Banks' Shareholders have preemption rights on additional issue in quantity pro rata their share in Banks' authorized capital.
Information:
     Major Shareholders of the Bank Finance and Credit as of 03.08.2009 are CJSC F&C Realty (46.67 %), Askania, Ltd., (48.88 %) and OJSC "Kyivmedpreparat Ukraina" (3,01%).

Contact:
Yuliya Zagorodnya,
Head of Informational
and Media Support Department
Bank Finance and Credit
tel.: +38 (044) 499-26-48
 e-mail: yuliya.zagorodnya@fcbank.com.ua