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01-07-2009 15:03 NBU registers Deutsche Bank affiliate
The National Bank of Ukraine has registered a Ukrainian affiliate of Deutsche Bank, the NBU press service reported.
Open joint stock company Deutsche Bank Ukraine was registered on June 25. In March, Deutsche Bank Aktiengesellschaft declared the intention to set up a subsidiary credit and finance establishment in Ukraine. By early June, Ukraine had 52 banks with foreign capital, including 17 banks with 100-percent foreign capital. The share of foreign capital in the aggregate statutory capital of banks by the end of May was 36.9%. On the whole, the NBU says, by June 1 a total of 184 banks were functioning in this country, with 199 registered.
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