OREANDA-NEWS. April 14, 2016. New stock capital of AS PrivatBank of 86 346 556 EUR has been registered in the Register of Enterprises of the Republic of Latvia. The decision to increase the bank’s share capital and issue additional 6 000 000 shares with nominal value of 1 EUR each was taken at the general meeting of shareholders of the bank at the end of 2015.

According to the statistics of the Association of Commercial Banks of Latvia, PrivatBank ranks 9th among the banks of Latvia in terms of capital and reserves. According to AS PrivatBank financial report for 2015, as at 31 December 2015 the volume of assets was 638.50 million EUR; capital adequacy ratio – 22.06% (minimum ratio – 13.1%); liquidity ratio – 66.43% (minimum ratio – 50%).