The extraordinary shareholder meeting held at Bank Sovetsky decided to up the lender’s charter capital by Rub 350 mln. As the bank’s press service pointed out, the capital will be increased through the additional issue of common registered shares to be purchased via closed subscription. The document seeking SPO was submitted for state registration to the Chief Directorate of the Bank of Russia in Saint Petersburg.
After the SPO the lending institution’s charter capital will amount to Rub 544 mln and equity capital will rise to Rub 750 mln.
According to the data from news agency Banki.ru and Interfax-CEA, as of July 1, 2008 net assets of Bank Sovetsky stood at Rub 2.79 bln (404th place in Russia). The lending institution is a member of the national deposit insurance system.
