OREANDA-NEWS. August 31, 2011. Trasta Komercbanka (TKB) JSC shareholders approved changes to the Articles of Association in connection with the thirteenth share issue, which was completed on 1 July.

Trasta Komercbanka held its shareholders’ meeting. TKB shareholders approved changes to the Bank’s Articles of Association and the new edition of the Articles of Association, which sets the new bank’s paid up capital due to the completion of the thirteenth share issue.

As already reported, on 1 July 2011, Trasta komercbanka completed the thirteenth share issue. During the issue the share capital of Trasta Komercbanka JSC was increased by LVL 7,458,200. Before the thirteenth share issue the Bank’s paid up capital was LVL 7, 048 600. Consequently, the Bank’s current paid up capital amounts to LVL 14,506,800. This increase of share capital will promote Bank’s stability and its further growth.