We remind you that at the end of November, PJSC "Commercial Industrial Bank", which operates on the market under the updated ComInBank brand, reported on the completion of the deal on the acquisition of 100% of the bank's shares by an international investor, Mr. Stephen Pinter, who is based in London and specializes in investments in developing markets.
The main strategic goals of the new owner of the bank are the development of the bank's capabilities for the servicing of small and medium-sized businesses and entrepreneurs in Ukraine, as well as the introduction of modern banking products for speeding up the development of the economy of Ukraine. Also, special attention will be paid to increasing the efficiency and profitability of the bank's activity.
About the bank
JSC "Commercial Industrial Bank" - is a universal bank with 100% foreign investments that has been providing services to corporate clients and private individuals for over 23 years (registered by the NBU on December 3, 1993).
In May 2016, "Commercial Industrial Bank" entered the group of 50 leading banks of Ukraine according to the "FinClub" information agency.
In November 2016, the StandardRating rating agency confirmed the reliability of JSC "Commercial Industrial Bank», updating the rating to uaA (stable).
The Bank has 14 branches in the following cities: Dnipro, Ivano-Frankivsk, Kaniv, Kyiv (3), Kropyvnytskyi, Kryvyi Rih, Mykolaiv, Odesa, Svitlovodsk, Kharkiv (2), Kherson.
The Bank has a full banking license that allows carrying out all types of banking operations in hryvnia and foreign currency, as well as a license of a depository institution, is a participant of the Deposit Guarantee Fund of Ukraine, and a member of the international payment systems MasterCard and VISA.
About the shareholder
Mr. Stephen Paul Pinter is the founder and executive director of GML Capital LLP (www.gmlcapital.net) of private investment-banking and management companies with the head office in London, United Kingdom. GML Capital LLP was founded in 1983 and specializes in investing in developing markets and has experience working in Ukraine since 1993.
From 1996, GML Capital LLP carries out the management of assets and acts as an adviser to investment funds focused on investing in securities, trade and credit instruments with high yield, and trade financing in developing markets. GML Capital LLP is licensed by the Securities and Exchange Commission (SEC) in the USA as a registered investment adviser and is also authorized and regulated by the Financial Conduct Authority in the United Kingdom.
