Central Bank registered the report on the additional share issue results of AK BARS Bank

Department for the Licensing of the Activities and the Financial Rehabilitation of Credit Organizations registered the report on the additional issue of uncertificated registered ordinary shares of AK BARS Bank.

State registration number of the issue - 10402590B005D, date of the state registration of the issue is April 30, 2015. Number of outstanding securities - 9 800 000 000, share denomination is RUB 1.

In course of the development strategy of the Bank the additional shares issue was funded by the Tatarstan Government. Government of the Republic - the Bank's major shareholder – through ministries, government agencies and related companies ultimately controls the Bank. The shares were acquired by the State Housing Fund under the President of the Republic of Tatarstan.

All news
Read the following
Ak Bars Bank closed the 1Q of 2019 with a net profit of RUB 1.3 bln according to IFRS, which increased by 10.1% YoY.
Forbes magazine in collaboration with Statista research agency rated banks in 23 countries.