Dongorbank
Encyclopedia
Public Joint Stock Company Dongorbank is headquartered in Donetsk
, located in eastern Ukraine
.
as Donetsk Joint Stock Bank Aktseptbank on 6 April 1992.
In July 1995 the bank was renamed into Donetsk Joint Stock Bank DONGORBANK by the decision of the general meeting of shareholders.
On December 2010 Central bank of Ukraine
approved a reorganization plan through Dongorbank's joining the FUIB - the First International Bank of Ukraine, which was endorsed by an order of a single shareholder - SCM Finance Limited
. On July 16 2011 a consolidation of First Ukrainian International Bank (FUIB)
and Dongorbank was completed and starting from July 18 the combined bank actives work under a joint brand FUIB.
As of 01 June 2010 in the overall ranking of Ukrainian banks Dongorbank ranked:
The Bank major shareholder is SCМ
Finance LLC (99.99% of the share capital). Bank regional network comprises 54 sub-branches.
Donetsk
Donetsk , is a large city in eastern Ukraine on the Kalmius river. Administratively, it is a center of Donetsk Oblast, while historically, it is the unofficial capital and largest city of the economic and cultural Donets Basin region...
, located in eastern Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...
.
History
The bank was established with the National Bank of UkraineNational Bank of Ukraine
National Bank of Ukraine is the central bank of Ukraine. Its headquarters building, constructed between 1902 and 1934, is located at no. 9 Institutska St., in Kiev-History:...
as Donetsk Joint Stock Bank Aktseptbank on 6 April 1992.
In July 1995 the bank was renamed into Donetsk Joint Stock Bank DONGORBANK by the decision of the general meeting of shareholders.
On December 2010 Central bank of Ukraine
National Bank of Ukraine
National Bank of Ukraine is the central bank of Ukraine. Its headquarters building, constructed between 1902 and 1934, is located at no. 9 Institutska St., in Kiev-History:...
approved a reorganization plan through Dongorbank's joining the FUIB - the First International Bank of Ukraine, which was endorsed by an order of a single shareholder - SCM Finance Limited
SCM Holdings
System Capital Management or SCM is a major Ukrainian financial and industrial holding company with headquarters based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares...
. On July 16 2011 a consolidation of First Ukrainian International Bank (FUIB)
First Ukrainian International Bank
The First Ukrainian International Bank was founded on 20 November, 1991, registered with the National Bank of Ukraine on 23 December, 1991. In April 1992 the Bank started its banking operations. In 1995 the Bank began its cooperation with the European Bank for Reconstruction and Development and in...
and Dongorbank was completed and starting from July 18 the combined bank actives work under a joint brand FUIB.
Ratings
25 January 2011 - Moody's Investors Service has assigned the following global scale ratings to JSC Dongorbank:- short-term national currency deposit B2/NP
- short-term foreign currency deposit B3/NP
- financial strength E+
- local currency debt obligations B2
- long-term national scale rating A3.ua
As of 01 June 2010 in the overall ranking of Ukrainian banks Dongorbank ranked:
- 23rd by the size of assets with UAH 8,797m
- 26th by the size of shareholders' equity with UAH 1,058m;
- 23rd by the volume of retail deposits with UAH 2,491m;
- 15th by the size of deposits held by corporations with UAH 2,977m.
The Bank major shareholder is SCМ
SCM Holdings
System Capital Management or SCM is a major Ukrainian financial and industrial holding company with headquarters based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares...
Finance LLC (99.99% of the share capital). Bank regional network comprises 54 sub-branches.