04.06.2007, 22:48
Credit Bank of Moscow To Increase Common Stock By 38%
OREANDA-NEWS. June 5, 2007. The Bank’s sole shareholder, “Concern Rossium”, SLL, approved a resolution to increase the Bank’s common stock by 38% up to c. US$128,541 thousand by way of c. US$34,884 thousand common registered non-documentary shares issue to be paid by the existing shareholder.
This increase is to support Credit Bank of Moscow’s development and maintain proper balance between equity and debt funding.
This increase is to support Credit Bank of Moscow’s development and maintain proper balance between equity and debt funding.
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