Zepter Bank” JSC increased its share capital to 42.0 bln. roubles

3/2/2010

Zepter Bank” JSC increased its share capital by 6.0 bln. roubles by amending its Articles. The amendments were registered by the National Bank of the Republic of Belarus on February 26, 2010.

 

After the said amendments, the share capital makes up 42.0 bln. roubles. Thus, the Bank’s shareholders made a major move towards increasing the regulatory capital to the amount, at least, equal to 25.0 mln. Euro, which will provide for expansion of its licensed powers granted by the National Bank of the Republic of Belarus to open accounts and attract retail deposits of individual persons. The increase in the Bank’s share capital and favourable crediting terms provide for a better Clients’ credit support.

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