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On Friday, August 18, 2006, Eximbank finalized the procedure of increasing of the paid-up capital following the registration of the modifications to the bank’s statute with the State Registration Chamber of the Ministry of Informational Development of the Republic of Moldova and the inclusion of the information on the 8th emission of shares in the registry of the shareholders. As a result, the bank’s authorized capital constitutes MDL 215.0 million, and Tier-One capital - more than MDL 255 million, which is much above the minimum level established by the National Bank of Moldova.
The increase of the banks’ statutory capital with MDL 150.0 million (approximately Euro 9 million) represents the first step on the way to the Eximbank’s sustainable development, made by the banking group Veneto Banca (Italia) – the sole shareholder of the bank, what is meant to confirm the serious and long-term intentions, declared at the moment of acquisition of 100 percent of bank’s shares (May 15, 2006).
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