2020

Corporate Governance

In connection with Art. 60 of the Law of Ukraine "On Joint Stock Companies", the peculiarities of the holding of a general meeting by a company consisting of one person, notices of a meeting notifications about holding the General Meeting of Shareholders by the Bank are not carried out.

The prospectus of the issue of shares was not made public on the Bank's website in accordance with paragraph 7 of Article 30 of the Law of Ukraine "On Securities and the Stock Market" in connection with the fact that the Bank has made additional issue of shares through private placement.

The reports of the mortgagor covering the mortgage coverage and other documents are not made public on the Bank's website, due to the fact that the Bank did not issue mortgage bonds.

Notification about the possibility of shareholders to exercise pre-emptive right in the process of private placement of shares with additional issue by the Bank is not carried out, since the joint-stock company consists of one shareholder.

Credit Register

In accordance with Articles 7, 15, 56, and 67 of the Law of Ukraine “On the National Bank of Ukraine,” Article 69 of the Law of Ukraine “On Banks and Banking Activities,” Articles 16 and 21 of the Law of Ukraine “On Financial Services and Financial Companies,” and Article 32 of the Law of Ukraine “On Credit Unions,” the Bank submits reports to the National Bank on active operations if the total amount of the debtor’s liabilities (aggregate debt) equals UAH 50,000 or more (or the equivalent of this amount in foreign currency at the official exchange rate of the National Bank established on the first business day of the month following the reporting period), and subsequently until the full settlement of the debtor’s obligations.