Renaissance Capital Bank


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

Membership

Renaissance Credit provides banking services in Ukraine as trademark of Renaissance Capital Bank. 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. 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 has acted as a financial adviser to SCM Group delivering full range of advisory services supporting the transaction from its launch until closing.