31 октября 200809:46
METCOMBANK’s authorized capital doubles, Chairman says
‘The Central Bank of Russia has officially confirmed our bank’s additional share issue, which means our earlier stock is now seen as paid for and retired. METCOMBANK’s authorized capital has thus doubled from one to two billion RUR, while its total capital comes to about three billion,’ METCOMBANK’s BOD Chairman Rustam Mamatov said to an UrBC reporter. ‘This increase in the authorized capital is by no means an emergency measure; rather, it is a part of our development strategy adopted as early as last year. The extra share issue was registered quite a long time ago, and we can now see its