Nadra Bank attracts UAH 342mn (USD 42.75mn) subordinate debt.

By bne IntelliNews May 22, 2013

Nadra Bank has raised UAH 342mn (USD 42.75mn) subordinate debt, reads a statement made by the bank. The funds are raised for seven years under the bank's capitalization programme, and will be channelled to the bank's further development, in the first instance for debt financing of the real sector of economy.

As of Apr 1, banks assets amounted to UAH 27.9bn, credits and clients' liabilities stood at UAH 23.2bn, and shareholders' equity at UAH 4bn. Nadra Bank recorded a net profit of UAH 0.416mn in Q1, after posting UAH 1.01mn profit in 2012. In early July 2011, Centragas Holding GmbH (Austria; incorporated in Dmitry Firtash's Group DF) acquired a 89.9% stake in Nadra Bank.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Finland gives final nod to construction of Nord Stream II

Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more

Poroshenko officially nominates Smolii for post of Ukraine central bank governor

Ukrainian President Petro Poroshenko has nominated Yakiv Smolii, the acting head of National Bank of Ukraine (NBU), as a candidate for the post of governor to replace the outgoing governor ... more

Saakashvili sentenced in absentia by Georgian court to 3 years in jail

A Georgian court sentenced former president Mikheil Saakashvili in absentia to three years in prison on January 5 over his alleged involvement in the covering up of the murder of a Georgian banker in ... more

Most Read

  1. Putin and Trump trying to walk back Syria strike and sanctions tensions
    2 days ago
  2. Romanian developers get in the game
    2 days ago
  3. What’s the cost of US sanctions on Russia?
    3 days ago
  4. Turkey’s Erdogan warns “nobody can discipline us with exchange rates”
    7 days ago
  5. Leaked document shows EU’s initially hardline approach to Gazprom
    8 days ago
  1. Fears raised of US conditioning F-35s sale on Turkey cancelling S-400 deal with Russia
    23 days ago
  2. COMMENT: Whisper it – ‘Erdonomics’ could be driving Turkey to a meltdown
    10 days ago
  3. KRUK REPORT: Nadia Savchenko, Ukraine’s fallen hero
    28 days ago
  4. Putin and Trump trying to walk back Syria strike and sanctions tensions
    2 days ago
  5. Turkey’s Erdogan warns “nobody can discipline us with exchange rates”
    7 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss