It was founded in October 1993, and had its headquarters in Kyiv.

Temporary administration at Nadra Bank (introduced in February 2009), was withdrawn in August 2011 with a new strategic investor, Dmytro Firtash, acquiring an 89.97% stake and injecting ₴ 3.5bn ($440m) of capital.

The government did not participate in recapitalizing Nadra.

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