Renaissance Capital Bank
Encyclopedia
History
Renaissance Capital was established in 2004 in KievKiev
Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....
, the capital of 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...
. In 2009 the Bank established presence in Belarus
Belarus
Belarus , officially the Republic of Belarus, is a landlocked country in Eastern Europe, bordered clockwise by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Its capital is Minsk; other major cities include Brest, Grodno , Gomel ,...
and is currently expanding its business to a wider Central
Central Europe
Central Europe or alternatively Middle Europe is a region of the European continent lying between the variously defined areas of Eastern and Western Europe...
and Eastern European region
Eastern Europe
Eastern Europe is the eastern part of Europe. The term has widely disparate geopolitical, geographical, cultural and socioeconomic readings, which makes it highly context-dependent and even volatile, and there are "almost as many definitions of Eastern Europe as there are scholars of the region"...
.
Membership
- First Stock Trading System Association (PFTS)PFTS Ukraine Stock ExchangeThe PFTS Stock Exchange is the larger of Ukraine's two main stock exchanges .The trading occures on working days between 11:00 and 17:00 Kiev time . The PFTS index is calculated based on the results of the trading. Daily trade volume is about $30–60 million...
- Professional Association of Registrars and Depositaries (PARD)
- Ukrainian ExchangeUkrainian ExchangeThe Ukrainian Exchange is a trading venue for local securities in Ukraine. The exchange is located in Kiev and accounts for roughly three-quarters of Ukraine's total equity trading volume...
(UX).
General info
Renaissance Credit provides banking services in UkraineUkraine
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...
as trademark of Renaissance Capital Bank (NBU
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:...
licence No.222 dated 30.09.2009) . As of 21 July 2011, the bank team includes 1,465 employees.
The controlling shareholder of Renaissance Capital is SCM Finance which is 100% owned by SCM Group
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...
. 100% of SCM shares belong to Rinat Akhmetov
Rinat Akhmetov
Rinat Leonidovych Akhmetov is a Ukrainian businessman. He is the founder and President of System Capital Management, and is ranked among the wealthiest men in the nation. Akhmetov is also the owner and President of the Ukrainian football club Shakhtar Donetsk...
, well-known Ukrainian businessman and patron.
On March 11, 2011, the transaction on purchasing 100% of Renaissance Capital Bank, a part of Renaissance Group, has been closed by SCM Group as the Purchaser and Renaissance Group as the Vendor. First Ukrainian International Bank (FUIB) has acted as a financial adviser to SCM Group delivering full range of advisory services supporting the transaction from its launch till closing.