03.07.2007, 07:47
Absolut Bank Has Increased its Capital by USD100 Million
OREANDA-NEWS. On June 25, 2007 the Central Bank of the Russian Federation has registered growth of capital of Absolut Bank by USD 100 million, reported the press-centre of Absolut Bank.
The amount was received as a 10-year subordinated loan extended under the agreement between Absolut Bank and KBC Bank (Belgium).
As a result the capital of the Bank has exceeded USD 400 million.
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