Rodovid Bank intends to place additional issue of shares until April 11

Problem-controlled government Rodovid Bank (Kiev) plans to place shares of additional issue in two steps from 6 to 11 April 2011. According to the official report of the bank, the decision is fixed by order of the temporary administrator of the bank on April 1 (№ 119). The bank plans to issue and private placement of ordinary shares with par value of USD 1.8 for a total of 3.95 billion USD: as a result of the additional issue bank's authorized capital increased by 46.97% - from 8.409 billion USD. The first stage of placing the additional issue of shares will run from 6 to 8 April, the second - from April 9 to 11. As reported, the Ukrainian government decided to increase the authorized capital Rodovid Bank to 12.36 billion USD in the implementation of the transfer operations of its depositors in the State Savings Bank of Ukraine (Oschadbank, Kiev). Amount capitalization Rodovid Bank consistent with its volume of deposits of individuals: they will all be transferred to Oschadbank. Dokapitalizatsiya Bank will be conducted through the issuance of seven-year T-bills with a yield of 9.5% per annum. Rodovid Bank (previously - AKB "PC") was founded in 1990. In the course of anti-crisis program of recapitalization of banks in state ownership was transferred 99.9907% of financial institution. According to the National Bank on January 1, 2011 by total assets Rodovid Bank ranked 20 th place (10.48 billion USD): Total liabilities of financial institutions amounted to UAH 9.326 billion, a net loss in 2010 - 4.264 billion USD. On materials the Interfax-Ukraine