Urals | Finance, business

Ecoprombank beefs up capital by $200m

29 Sep '08
Perm bank Ecoprombank will increase its authorized capital an additional $199.3m this year it said.

Shareholders of Perm bank Ecoprombank have voted to augment the bank's authorized capital up to $597.9m over the next 5 years, sources also report.

Ecoprombank's Deputy Chairman Alexey Chervonnykh said that the bank plans to issue nw shares that will be offfered first to current shareholders.

In late April the bank already amplified its authorized capital by 3.5 times to $67.7m with an issuance of $48.6m in shares.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Tags: authorized capital (72) / Aleksey Chervonnykh (0) /

Latest News: Urals
21 Apr '20 | Technology & innovation
13 Mar '20 | Technology & innovation
4 Mar '20 | Technology & innovation
17 Jan '20 | Industry, manufacturing | Technology & innovation
 

Feature stories

21 May '20
Russian and Italian researchers have developed a...
5 Apr '20
To extend the service life of medical fabric masksan...
26 Feb '20
A Russian developer has come up with its own...
Search (News archive - 22012)

World of the Future, World of AI

Luc Jones: A Guide to Doing Business in Russia and the CIS Countries
Why Russians Don't Smile
Advertising
Venture_Russia_2019_eng
Advertising
NATT
Advertising
Marchmont News

Latest News

3 Jun '20
Scientists in Siberia are working on new polymeric...
2 Jun '20
Yandex, the company behind Russias largest search...
1 Jun '20
Companies that offer software for the monitoring of...

Most read stories from last week

1 Jun '20
Companies that offer software for the monitoring of...
2 Jun '20
The Ministry of Health of the Russian Federation...
2 Jun '20
The StarLine unmanned vehicle, which is being...