National securities and stock market commission registered issue of registered shares for 450 UAH mio, consequently the registered share capital grew up to up to 2,07 UAH bln. This was stated by the press office of Piraeus Bank with reference to the bank’s legal department.

Regarding the results of the National securities and stock market commission’s meeting, the release of registered shares in the amount of 45 mln. pieces was accredited and carried into the State Register of securities issues with registration number №83/1/2014.

According to, Sergey Naumov, Chairman of the Board, Piraeus Bank sticks to long time presence strategy in Ukraine and is not planning to leave the market. “The capital increase on UAH 450 mln this year also proves Group’s commitment to stay in Ukraine. All illusions aside, it is evident that 2015 will be challenging one both for business and banking system. That is why Piraeus Bank intends to adapt its strategy to the current situation, optimize its sales channels, existing processes and products. Also bank is going to implement new products for digital banking and improve the existing ones on demand to increase the quality of clients’ service and to decrease transactional and administrative expenses.”

Earlier, press office of Piraeus Bank stated that the new version of the charter of JSC "Piraeus Bank ICB" was approved by the annual general meeting of shareholders of JSC "Piraeus Bank ICB" (Minutes №3 / 09 dated September 1, 2014) and approved by the National Bank of Ukraine on February 10, 2015. In accordance with the decision of the general meeting of shareholders of JSC "Piraeus Bank ICB" the bank's share capital was increased by 450 UAH mln, so after approved changes Bank's share capital amounted to 2,07 UAH bln.

Please, get acquainted with the certificate of registration of the shares on the official website of the bank in the section “Licenses and Certificates”.