17.02.2009, 13:44
Russian Government Will Inject RUB 45 bn into Rosselkhozbank
OREANDA-NEWS. February 17, 2009. Russian government will inject another RUB 45 bn into the charter capital of state-controlled Rosselkhozbank, the bank said. Based on the results of an additional stock offering, the bank’s charter capital will climb 73% to RUB 106.22 bn. In February, Russian authorities decided to allocate another RUB 500 bn to capitalize Russian banks on fears of a “bad debt” crisis. Last year, Rosselkhozbank held two additional share issues and lifted the charter capital by RUB 33.5 bn. Another RUB 25 bn was received from the state as a subordinated loan.
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