On July 26, 2016, an agreement was reached on the acquisition of 100% of the shares of Public Joint-Stock Company «Commercial Industrial Bank» by a foreign investor.
This information will be provided today, July 27, 2016, to the National Bank of Ukraine. The procedure for registering significant participation in the bank's capital will be carried out in accordance with current legislation and regulatory requirements of the NBU after submitting the relevant package of documents. The investor's name cannot be disclosed until the deal is completed.
«According to the results of a preliminary analysis of the bank's activities, the foreign investor notes the high transparency of procedures and compliance with international standards of doing business» — comments the Chair of the Supervisory Board of the Bank, Anna Venhlynska.
PJSC «Commercial Industrial Bank» is one of the actively developing Ukrainian banks: the financial result in the first half of 2016 amounted to +UAH 1.212 million. Also, in May 2016, the Bank increased the authorized capital by UAH 16 million, and as of 01.07.2016 it amounted to UAH 128.6 million.
ComInBank's assets increased by UAH 21.247 million since the beginning of 2016 and as of 01.07.2016 amounted to UAH 293.832 million. The Bank's liabilities
grew by UAH 20.035 million and amounted to UAH 153.667 million. Reserves for covering
risks on all types of active operations as of 01.07.2016 were formed in the amount of UAH 5.684 million.
