OREANDA-NEWS. November 28, 2011. Extraordinary General Meeting of Shareholders of BCR Chisinau S.A. adopted the decision on additional issue of securities of the bank.

Thus, the shareholder’s capital of Romanian Commercial Bank Chisinau JSC (BCR Chisinau S.A.) will be increased through additional closed issuing of 6483 ordinary nominative shares of I class, the nominal value of one share being of 10000 (ten thousand) MDL. The order number of additional issue of securities of that class is XI. The additional issue of shares was approved by the National Commission of Financial Market, and will be completed by December 31, 2011.

“This decision demonstrates that BCR and Erste Group maintain their commitment towards the local market, which proved an above-average growth potential”, stated Dominic Bruynseels, Chairman of the Supervisory Board of BCR Chisinau SA.

As a result of additional issue of shares, the share capital of BCR Chisinau SA will increase from 562.750.000 MDL up to 627.580.000 MDL. The total number of securities after the additional issue will be 62758 shares, owned 100% by Banca Comerciala Romana S.A.

“The capital increase enhances our strength to more vigorously implement our development strategy focused on supporting viable businesses, providing financial solutions for population and active participation of BCR Chisinau in social and economic development of the Republic of Moldova. With the support of the group to which we belong, we will continue bringing innovative products on the local market, convenient and accessible, which help our clients achieve their aspirations”, stated Sorin Andrei, Executive President of BCR Chisinau S.A.

According to the results of the third quarter of 2011, total assets of BCR Chisinau S.A. made up 1 195 844.4 thousand lei, the credit portfolio increased to 656 858.7 thousand lei, while the deposit portfolio made up 803 619.1 thousand lei. During the first 9 months of the current year, BCR Chisinau S.A. registered a net profit of 422.8 thousand lei. The total number of customers exceeded the figure of 15 thousand of individuals and companies as of September 30, 2011, representing a 30% increase as compared to the end of 2010.