OREANDA-NEWS. July 07, 2011. Trasta Komercbanka has completed the thirteenth share issuance on 1 July 2011. During the share issuance, 149,164 shares have been paid up and the authorized capital of Trasta Komercbanka JSC has been increased by LVL 7,458,200.

Prior to commencement of the 13th share issuance, the paid-up authorized capital of the Bank amounted to LVL 7,048,600 divided into 140,972 shares. This increase in the Bank’s authorized capital will promote its stability and further growth.

Trasta Komercbanka is one of the oldest private banks in Latvia which has been operating in the Latvian financial market since 1989. TKB is actively involved in the international market; it provides capital management and trade support services, offering to its clients efficient business management solutions and successful support in all spheres of life (financial Concierge Service).

Along with branches of the Bank in Latvia, Trasta Komercbanka has a branch in Cyprus. Representative offices of the Bank Group work in Russia, Ukraine, Belarus, Kazakhstan, Tajikistan and Azerbaijan. This year, the Bank has opened its representative office in Hong Kong.