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The shareholders' meeting of PJSC "Ukrsotsbank" approved the authorized capital increase by UAH 5.5 bn


An extraordinary general meeting of PJSC "Ukrsotsbank" shareholders decided to increase the authorized capital of the bank.

"We have agreed with the National Commission, that we are using a simplified procedure adopted by the National Bank precisely for banks’ recapitalization. Therefore, we have the opportunity to do it very quickly. We plan to complete all the processes of capitalization by August,"- said the first deputy chairman of the bank Tamara Savoshchenko.

The authorized capital of PJSC "Ukrsotsbank" will be increased by the total amount of UAH 5.5 billion via private placement of additional common shares of existing nominal value at the cost of additional shareholders’ contributions. Share capital increase will be carried out under the simplified procedure (according to the Law of Ukraine "On measures to promote the capitalization and restructuring of banks") via a private placement of ordinary registered shares at a cost of UAH 0.10 per share.

Following the results of the meeting of June 25, 2015 NCSSM has registered the issue prospectus of PJSC "Ukrsotsbank" shares.



Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.

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