JSC “BANK SICH” has increased the authorized capital by UAH 44.88 million, to UAH 244.97 million

On June 29, 2021, the revised version of the Articles of Association of JSC “BANK SICH” was registered, where the amount of the authorized capital in the amount of UAH 244.97 million is specified.

On April 28, 2021, at the General Meeting of Shareholders of JSC “BANK SICH”, the decision on the increase of the authorized capital at the expense of the part of profit earned in 2020 and undistributed profits earned in previous years.

Therefore, the increased level of capitalization of JSC “BANK SICH” raises the financial capacity, shows the Bank’s financial stability, and attracts investors, depositors, and other partners.