OREANDA-NEWS. November 13, 2012. Shares issue of JSC “NORVIK BANKA” was concluded and as a result its share capital increased by 8 178 308 LVL, reported the press-centre of NORVIK BANKA.

Changes in the Bank’s capital have already been registered in the Enterprise Register of the Republic of Latvia.

The capital is increased by paying up the issued shares and attracting a new significant investor from Hungary, the company owned by Sandor Demjan, one of most successful Hungarian businessman.

The invested funds will be used to strengthen the Banks position in local and global markets.

Currently share capital of the Bank’s is 65 568 589 LVL.