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BANK ALLIANCE COMPLETES PROCEDURE FOR INCREASE OF AUTHORIZED CAPITAL BY 40% - UP TO UAH 365.12 MILLION

May 27, 2020

JSC BANK ALLIANCE increased the authorized capital by UAH 105.12 million or 40% - from UAH 260 million to UAH 365.12 million.

In order to develop the Bank and protect the interests of depositors and other creditors, the general meeting of shareholders of the Bank decided to increase the authorized capital by sending it part of the profits for 2018.

A significant increase in the authorized capital makes it possible to provide lending to the real sector of the state economy in accordance with market needs, as well as a clear confirmation for investors and partners of the Bank of the intentions of development and reliability of the Alliance Bank.


The net profit of Alliance Bank for 2019 amounted to UAH 96.5 million, and from the beginning of 2020 (January-April) it reached UAH 9.3 million.