PJSC Commercial Industrial Bank announces the acquisition of 100% of the bank's shares by an international investor

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 and 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.

 

«I am positively impressed by some recent trends in the direction of real reforms of the economy of Ukraine, in particular in the financial sector.  I have an optimistic view of the prospects of the growth of the economy of Ukraine in the nearest years»- comments Stephen Pinter. - «In my opinion, the driver of dynamic growth in Ukraine will be entrepreneurship. Medium and small enterprises can engage significant  unused human capital in Ukraine and also take advantage of the benefits and opportunities of international trade with the countries of the European Union and other neighboring countries. From my own experience, I know that quite often in developing countries, entrepreneurs and small companies do not receive quality service from banks that could become true partners for their clients. In connection with the fact that many banks have left the market in Ukraine, I see a unique opportunity to attract new clients and offer them quality banking services. I hope that clients will be able to see in the bank a true partner who is interested in achieving mutual success. We also invite our friends and business partners with whom we have been working in Ukraine for more than twenty years to become clients of our bank».       

 

About ComInBank

ComInBank was founded in 1993 with the head office in the city of Kyiv. The Bank has 13 branches in the following cities: Dnipro, Ivano-Frankivsk, Kaniv, Kyiv (3), Kropyvnytskyi, Kryvyi Rih, Mykolaiv, Odesa, 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. The Bank is a participant of the Deposit Guarantee Fund of Ukraine and a member of the international payment systems MasterCard and VISA.

 

About Stephen Pinter

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.

JSC "COMINBANK"
JSC "COMINBANK"
Joint-stock company "Commercial Industrial Bank"