Public Joint Stock Company Dongorbank is headquartered in
Donetsk
Donetsk ( , ; uk, Донецьк, translit=Donets'k ; russian: Донецк ), formerly known as Aleksandrovka, Yuzivka (or Hughesovka), Stalin and Stalino (see also: Names of European cities in different languages (C–D), cities' alternat ...
, located in eastern
Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
.
History
The bank was established with the
National Bank of Ukraine
National Bank of Ukraine ( uk, Національний банк України) or NBU ( uk, НБУ) is the central bank of Ukraine – a government body responsible for unified state policy in the field of country's monetary circulation, includ ...
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.
In 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.
Ratings
25 January 2011 -
Moody's Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides international ...
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 1 June 2010 in the overall ranking of Ukrainian banks Dongorbank ranked:
* 23rd by the size of
assets
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value ...
with UAH 8,797m
* 26th by the size of
shareholders' equity
In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. For example, if someone owns a car worth $2 ...
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 Finance LLC (99.99% of the share capital). Bank regional network comprises 54 sub-branches.
References
{{Reflist
External links
Dongorbank official websiteFUIB official website
Defunct banks of Ukraine