OREANDA-NEWS. October 29, 2009. An Extraordinary General Meeting of Shareholders of JSC TransCreditBank was held in Moscow.

The Meeting of Shareholders approved the following resolutions:

to reorganize JSC TransCreditBank in the form of merger with four subsidiary credit institutions - JSC MeTraComBank (Rostov-on-Don), JSC Bank Yugo-Vostok (Voronezh), JSC Chitapromstroybank (Chita), JSC Superbank (Blagoveschensk);

to increase the authorized capital of JSC TransCreditBank from 2,258,400,000 rubles to 2,286,702,112 rubles by placing 28,302,112 additional uncertified registered ordinary shares with the nominal value of 1 (one) ruble each and converting the shares of the credit institutions being merged into the additional uncertified registered ordinary shares of JSC TransCreditBank.

The Meeting of Shareholders also approved a new version of the Charter of JSC TransCreditBank reflecting the reorganization and an increase in the share capital of the bank.