NBU extends the work of the interim administration in the bank "Nadra" until mid-August

The National Bank of Ukraine (NBU) has extended the work of the interim administration in the bank "Nadra" (Kiev) to 12 August 2011, according to the NBU website. Two-year period of interim administration in the bank "Nadra" expire February 11, 2011. As reported, the interim administrator of the bank's Feb. 11 decision to increase its authorized capital to 9.9 times, or on 3,5 billion UAH, - up to 3.89 billion USD by the additional issue of shares. The Bank intends to hold a private placement of shares at UAH 10 in two phases in the period from February 23 to March 10, 2011. Earlier the head of the NBU Sergei Arbuzov said that the NBU has approved a plan of capitalization, with the participation of the private investor. However, he said he did not rule out the possibility of providing public funds to increase the regulatory capital of the bank. Nadra Bank was founded in 1993. Financial institution claims to be recapitalized through the budget. Co-owner of a gas trader RosUkrEnergo (Switzerland), owner of Group DF (Austria), a Ukrainian businessman Dmitry Firtash in May 2010 said he was willing to invest in the bank "Nadra" 5 billion USD on an equal footing with the state. By early 2011 its largest shareholders were Novartik Trading Limited (60,9967%), and Manmade Enterprises Limited (both - Cyprus, 30.7406%). On materials the Interfax-Ukraine