OREANDA-NEWS. November 03, 2009. At the meeting Bank Forum shareholders approved the decision on the bank’s core capital increase by UAH 1,1 billion to UAH 3 359 580 960, reported the press-centre of Bank Forum.

The NBU representative, present at the meeting, pointed out the importance of the decision for bank’s further strengthening of its positions as one of the leading financial institutions of Ukraine, while stressing on the need of bank capitalization.

Some issues, including share placing of the 18th issue and correspondent amendments to the bank’s charter are going to be discussed during the next special shareholders meeting planned for November 18, 2009.

Summary
Joint-Stock Commercial Bank “Forum” was founded in 1994 and is one of the largest banks in Ukraine. Commerzbank Auslandsbanken Holding AG, a 100% subsidiary of Commerzbank AG, Germany's second largest bank, is the major shareholder of JSCB Forum. As of October 1, 2009 the bank’s core capital is UAH 2 260 mln., net assets — UAH 18 645 mln., loan portfolio — UAH 16 335 mln., total balance — UAH 30 846 mln.