TKB announced the completion of additional share issue.
Share distribution method: private offering. The bank issued 500 000 shares at the actual price RUB 2 000 per 1 share.
Upon results of additional share issue, the bank’s authorized capital reached 2 736 925 RUB thousand. Total volume of additional share issue amounted to RUB 1 billion.
The growth of authorized capital improves financial stability of the bank and allows increasing volumes of business activities.
As of 01.05.2020 capital adequacy ratio Н1.0 was 12.0% (min. required – 8%), base capital adequacy ratio Н1.1 – 9.2% (min. required – 4.5%), core capital adequacy ratio Н1.2 – 10.6% (min. required – 6%).
Quick liquidity ratio stood at 109.3% (min. required – 15%), current liquidity ratio – 248.3% (min. required – 50%).
Information about TKB Group:
TKB Group includes TransKapitalBank and Investtradebank. TKB Group is in TOP-30 Russian banks by assets. TKB Group has wide coverage of around 100 points of sales across 31 regions of Russia. TKB has 4 main business focuses: corporate and SME lending (TOP15 in Russia), mortgages (TOP-15 Russian banks), factoring. Being a key partner of the EAEU/CIS/SCO integration processes, TKB implements program of comprehensive banking services “Bank for Banks” which includes multicurrency settlement business, treasury operations, trade finance and arrangement of syndicated loan facilities for banks of the CIS countries.