OREANDA-NEWS. June 19, 2008. Following previous close (private) stock placement and authorized stock increase, PRAVEX-BANK registered relevant amendments to Bank's Statute with state register. Bank's authorized capital amounts to UAH 491,499,139.

"Authorized capital increase is a testimony of bank's stable development as well as of its stability as regards different kinds of risks and possible crises at the banking market. This is a guarantee of depositors' protection from all possible losses", commented Stepan Chernovetskyy, Head of Supervisory Board of PRAVEX-BANK.