The National Bank of Ukraine (NBU) has allowed two citizens of the People's Republic of China, Yan Dongcheng and Dai Zhongyong, to buy 99.9% of charter capital in the Ukrainian Bank for Reconstruction and Development (UBRD) through indirect major shareholding, according to the NBU website.
Hong Kong-based Madison Pacific Trust Limited, the new trustee of the Ukrainian nationalized PrivatBank's holders of notes of two issues totaling US$375 million with maturity in 2018, has sent an acceleration notice to the bank, according to an announcement on the London Stock Exchange.