OREANDA-NEWS. September 14, 2009. The NBU intends to decrease the minimal capital requirement of the merged banks and designed the detailed instruction for banks' M&A procedures.

Millennium Capital sees the news to be positive, since it may enable problem banks to merge their capitals thus improving the structure of their loan and deposit portfolios. At the same time, Millennium Capital sees the project to being the first turn to be applied to problem banks, which are under the temporary administration of the NBU.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.