TRANSKAPITALBANK increased its base capital up to RUB13,8 bln.
TKB’s Tier 1 equity reached RUB19,3bln after the Bank had converted some of the existing subordinated loans amounting to RUB0,9bln into perpetual ones.
This capital extension supports the Bank’s stable financial metrics. The base capital ratio increased to 8,5% against the minimum required regulatory level of 6%.
Prior to this extension the shareholders injected RUB150mln of cash into the Bank’s equity in February 2018.