OREANDA-NEWS. On 06 March 2009 was announced, that the shareholders meeting of Ukrsotsbank (PFTS: USCB) held March 3, decided to increase the registered capital of this financial institution by UAH 200 mn to UAH 1,270 mn.

Ukrsotsbank will issue 2 bn of its shares with par value of UAH 0.1. During the placement of new shares, the new shares will be sold at UAH 0.25.

The subscription for new shares will be held April 13-24, 2009.

Besides, the shareholders made a decision to pay out UAH 25 thousand as dividends for 2008 just on privileged stock, which make up only 0.05% of the registered fund.

In 2008, the bank net profit amounted to UAH 791.8 mn.