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Ukrainian PJSC State Export-Import Bank's authorised capital UAH 4.7 bn up

Ukrainian PJSC State Export-Import Bank's authorised capital UAH 4.7 bn upThe Cabinet of Ministers of Ukraine has increased the authorised capital of the PJSC State Export-Import Bank of Ukraine by UAH 4.7 billion.

This is reported by Ukrinform.

This has been stipulated in a government’s resolution as of March 6, 2017, No.123, the government’s official website reports.

"To increase the authorised capital of the PJSC State Export-Import Bank of Ukraine by UAH 4,700,000,981.48 by issuing 3,214,687 additional shares of the existing nominal value and preserving 100% of such shares in the state property," reads the document.

The Cabinet of Ministers instructed the Finance Ministry to issue government domestic loan bonds in the amount of UAH 4,700,001,000 billion, with a maturity of up to 15 years and an interest rate of 9% per annum in exchange for the shares of an additional issue of the PJSC State Export-Import Bank of Ukraine.
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