Wednesday, August 23, 2017

Nomos Bank increases authorized share capital to $172 million

Nomos Bank announced last week that it increased its authorized share capital by 6.5 percent to $172 million.

The bank was able to increase its share capital from $163 million earlier this year by consolidating its Nomos-Bank-Siberia and Nomos-Regiobank subsidiaries earlier this year.

So far, the bank has registered issuances of share capital in the amount of $10 million during the month of July as part of a conversion of nearly seven million Bank of Russia shares.