5 million euros is the authorized capital stock of the Commercial Bank NRB-Ukraine Joint Stock Company. It was founded by the limited liability partnership Project Invest and the Ukrainian-Swiss companies R&S Ukraine and Zymservise (Kyiv). The resolution on NRB-Ukraine with such an authorized capital stock was passed by a stockholders’ meeting in Kyiv. Subsequent issues of stocks will make Russia’s National Reserve Bank another stockholder (NRB holds the largest number of bonds of Ukraine’s state currency loan, servicing the deposits and developing the secondary equity market). NRB-Ukraine is expected to operate as a general purpose bank with debt instruments and operations catering to Ukrainian-Russian commercial businesses among its priority guidelines. In addition, the new bank plans to take part in schemes to pay off Ukraine’s debt for Russian natural gas.
NRB President Aleksandr Lebedev’s participation lends the whole undertaking a definitely important touch. His visit to Kyiv, prior to Ukrainian-Russian gas talks, as the head of the key Gazprom interest holder could be indirect evidence supporting Russian Premier Mikhail Kasianov’s words about Ukraine eventually paying its gas debts with Naftohaz Ukrayiny eurobonds.
