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ICU is a Kyiv based financial group that includes three business areas: trading, investment banking and asset management. Group is owned by its top management. ICU’s managing directors are Makar Pasenyuk and Konstantin Stetsenko. During the 2007-2014 Group’s Chairwoman was Valeriya Hontareva, who left its position to serve as a Head of the National Bank of Ukraine. In 2013 bank Avangard also joined ICU Group.
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Due to actual information of the bank, the former minister for energy and coal industry of ukraine, V. Demchychin, helds approximately 10% of the ICU holding.
Investment Banking
Group specializes in debt and equity origination, buy-side and sell-side M&A advisory, financial consulting, debt restructuring. As of 2015 ICU has completed the transaction for the restructuring of public and private debt totaling more than US$ 5.0 billion. ICU has been named as a leading agent for restructuring in 2009-2010 and Ukraine’s best investment bank in 2015 by Cbonds financial news agency.
Trading
Company is engaged in trading shares and fixed income. ICU was the first Ukrainian entity to become a leading member of International Swaps and Derivatives Association (ISDA) in September, 2013. Group has a central position on the local stock exchange market. It conduct operations at the Ukraine’s main trading facilities - Perspektyva Stock Exchange, PFTS Stock Exchange and Ukrainian Exchange. ICU is a member of a self-regulating organization (SRO) - Association "Ukrainian stock traders". ICU was chosen to be an official IPO partner of the Warsaw Stock Exchange since 2007.
Asset Management
ICU is a leading Ukrainian asset manager with domestic and international operations. Group provides its services to private and institutional investors, both residents and non-residents. As of July 2015 ICU manages investments of over US$ 250 million. Key Funds:
Investment Capital Bond Fund is known for its high yield. According to the Investfunds rankings, it has shown 308% growth over the September 2011 - June 2015 period, beating the UX index by 348%.
Avangard Bank
PJSC “BANK AVANGARD” was registered by the National Bank of Ukraine on July 5, 2013. In accordance with the bank license #269, General license on conducting exchange operations #269 (dated September 2, 2013) and Annex thereto, the Bank offers a wide range of banking services and products and focuses its main activity on the forex market, money market and stock market, carrying out operations at the expense of both its own funds and the clients’ funds. On July 17, 2014 Credit-Rating, a nationally recognized credit rating agency in Ukraine, has confirmed its long-term credit rating of uaA, stableoutlook .
Due to the actual financial statement per 31.12.2015 the bank serves just 228 accounts of 98 customers with 23 employees!