Renaissance Capital Bank
# Renaissance Capital Bank

Renaissance Capital Bank was a financial institution based in Kyiv, the capital of Ukraine.

## History

Renaissance Capital was established in 2004 in Kyiv, the capital of Ukraine. In 2009, the Bank established presence in Belarus and was expanding its business to a wider Central and Eastern European region.

The controlling shareholder of Renaissance Capital is SCM Finance which is 100% owned by SCM Group. 100% of SCM shares belong to Rinat Akhmetov, 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 until closing.

## Membership

* First Stock Trading System Association (PFTS)
* Professional Association of Registrars and Depositaries (PARD)
* Ukrainian Exchange (UX).

## Products

Renaissance Credit provides banking services in Ukraine as trademark of Renaissance Capital Bank (NBU licence No.222 dated 30.09.2009). As of 21 July 2011, the bank team includes 1,465 employees.

