28.10.2015, 01:06
Board of Directors of Eurasian Bank takes decision to increase equity by KZT6.0 bn
OREANDA-NEWS. October 28, 2015. Eurasian Bank JSC (Almaty, hereinafter – the Bank),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press-release:
Shareholders of the Bank took a decision to increase the Bank's equity by the end of October of this year by KZT6 bn, which is fixed if the Board of Directors' minutes.
After raising new capital Eurasian Bank's total capital will exceed KZT92 bn, ratio К1-1 will increase, accordingly, to 9.3%, strengthening the Bank's position on the market and strengthening the first tier capital indicators in case of possible increase in bad loans".
The full press-release is available on KASE website in Russian, at http://www.kase.kz/files/emitters/EUBN/eubn_other_doc_261015.pdf
Shareholders of the Bank took a decision to increase the Bank's equity by the end of October of this year by KZT6 bn, which is fixed if the Board of Directors' minutes.
After raising new capital Eurasian Bank's total capital will exceed KZT92 bn, ratio К1-1 will increase, accordingly, to 9.3%, strengthening the Bank's position on the market and strengthening the first tier capital indicators in case of possible increase in bad loans".
The full press-release is available on KASE website in Russian, at http://www.kase.kz/files/emitters/EUBN/eubn_other_doc_261015.pdf
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