The Board of Directors at Zapsibcombank proposes to upsize the lending institution’s charter capital from Rub 682 mln to Rub 1.12 bln. As the lender’s press service pointed out, “this will be carried out through the issue of 44 mln additional registered shares via open subscription”.
The issue of increasing the bank’s charter capital was raised at an April 17 AGM. The lending institution’s BoD adopted a decision to this effect at a February 3 meeting, the bank said in a press release.
According to the data from Banki.ru and news agency Interfax-CEA, as of July 1, 2008 net assets of West Siberian Commercial Bank stood at Rub 43.37 bln (61st place in Russia). The lending institution is a member of the national deposit insurance system.
