On November 12, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ transferred 2.87 billion rubles to pay for 2.7 billion shares of OJSC Belvnesheconombank’s (the Republic of Belarus) additional share issue.
Vnesheconombank’s purchase of shares of Belvnesheconombank’s additional share issue for an amount of up to 100 million US dollars was approved by Vnesheconombank’s Supervisory Board.
A decision to increase OJSC Belvnesheconombank’s chater fund by way of placing an additional share issue through closed subscription was taken by OJSC Belvnesheconombank General Shareholders’ Meeting in October 2009. The amount of the announced share issue is 3.1 billion common shares for a total amount of 310 billion Belarusian rubles. Shares are being placed at a par value of 100 Belarusian rubles per share.
At present, OJSC Belvnesheconombank’s charter fund is 327.483 Belarusian rubles. Vnesheconombank’s stake in the Belarusian Bank’s charter fund is 97.24%.
Origin: Press Office of Vnesheconombank
Contact person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru
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