Unex Bank Raises UAH 327 Million in Capital Investments
This year, the Czech owners of JSC Unex Bank more than doubled the bank’s capital. Following additional shareholder contributions totaling UAH 327 million in the autumn, total investments in Unex Bank reached UAH 739 million. The bank became one of the few financial institutions to increase its authorized capital during the full-scale war in Ukraine — and did so through direct shareholder contributions.
The additional capitalization will strengthen the bank’s financial capacity and accelerate the growth of lending, non-trading operations, and investments in new projects and services — all of which remain among Unex Bank’s top priorities.
It is worth noting that the capitalization process occurred in several stages. At the beginning of 2025, Unex Bank’s capital increased by UAH 120 million, including UAH 20 million raised in 2023 through the early conversion of subordinated debt into capital. In the second half of 2025, after receiving approvals from the National Bank of Ukraine, JSC Unex Bank attracted an additional UAH 327 million in two stages:
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In September 2025, Tier 1 capital was increased by UAH 80 million through an expansion of the bank’s authorized capital.
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In October 2025, Tier 2 capital grew by UAH 247 million through subordinated debt funds, with a planned subsequent conversion of these funds into authorized capital.
The investments in JSC Unex Bank were made proportionally by its two existing shareholders — Czech citizens Tomas Fiala and Ivan Svitek, who also serves as the bank’s CEO. As a result of the capitalization, their ownership stakes remain unchanged.
“The funds raised will be directed toward the bank’s development — attracting new clients, expanding partnerships, and implementing our strategic projects. The increased capital will open new opportunities for growth and enhance our competitiveness. We’ll be able to offer clients higher limits, stronger guarantees, and continue developing new products and investing in digital services. Our goal is to expand partnerships and grow even faster,” said Ivan Svitek, CEO of Unex Bank.
“Actions, not words — that’s the approach of an investor who truly believes in Ukraine. For more than three and a half years, the country has been enduring a tremendous challenge with dignity. Increasing our investments in Ukrainian projects in general and in the bank’s capital in particular demonstrates our strong commitment to developing our business, investing in promising ventures, and supporting Ukraine’s economy,” commented Tomas Fiala, co-owner of Unex Bank.
As reported earlier, in June 2021, Unex Bank became the first privately owned Ukrainian financial institution in several years to attract foreign investment — and continues to grow its capital with funds from Czech investors.
Background:
Unex Bank is a modern European bank that has operated in Ukraine since 1993.
In 2021, following a change in ownership, the bank began a new stage of development — transforming into a fintech startup with a banking license.
The bank is owned by Czech citizens Tomas Fiala (75.01%) and Ivan Svitek (24.99%), who has served as CEO since April 2021.
Today, Unex Bank operates 19 branches across 13 regions of Ukraine.